Efforts to establish an affordable flood insurance solution for small businesses are ongoing at industry and government level, despite concerns that creating a Flood Re type scheme for SMEs will be “fundamentally challenging”.
As at-risk residential properties await the April start of Flood Re, which officially launched its first transition plan last week, the verdict remains out on a similar scheme for SMEs. A government...
Russell Higginbotham, global head of life and health products for Swiss Re, has been appointed as the new president of the Insurance Institute of London.
With more than five million SMEs in the UK and a recent warning that up to 40% of these may be underinsured, it is time for the insurance industry to step up and start tackling this rising problem.
With 5.4 million SMEs in the UK, more can be done to enhance the claims service they receive
Has anything changed in the SME sector since the FCA’s thematic review? And if not, why not?