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ABI brands Marsh's Flood Mu model 'completely unacceptable'

flooding-in-uk

The Association of British Insurers has issued a damning response to Marsh’s proposal for a mutulised solution to flooding, describing the ‘Flood Mu’ model as “completely unacceptable to insurers”.

As reported by Post, The Flood Mu model, which sets out to redistribute flood claims over a given period of time among all household insurers in proportion to their household book size, was unveiled

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