Biba urges cooperation to allow brokers to cede to Flood Re

Paper flowing between laptop computers

The British Insurance Brokers' Association is urging insurers and software houses to cooperate to allow brokers to cede customers to Flood Re amid concerns its members are currently at a disadvantage to insurers' direct channels.

Flood Re officially launched yesterday (4 April) with 12 insurance brands signed up to the scheme.

However, most insurers are currently offering Flood Re policies through their direct channel.

Biba

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