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Flood Re CEO confesses scheme ‘failing’ customers on resilience

Perry Thomas sat to the left on stage at Insurance Innovators Summit

Flood Re CEO Perry Thomas has said the organisation is “failing” in preparing customers for the resilience needed for the transition to fully risk-reflective pricing for flood insurance in 2039.

Speaking on a fireside chat at the Insurance Innovators Summit 2025 yesterday (4 November), Thomas highlighted the priority Flood Re was given by parliament to manage transition back to market-based

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