SME flood scheme to prove 'challenging' to implement despite government talks

A partially flooded street

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 roundtable last week discussed the issue of flood resilience as well as affordable cover for SMEs, with the Association of British Insurers, the British Insurance Brokers' Association and Federation of Small Businesses among the delegates in attendance. Post contacted the three groups on the issue