Broker blasts "incredible" threat from Environment Agency
Aon has described calls by the Environment Agency for insurers to withdraw cover as a deterrant to developers planning to build on flood plans as "an incredible suggestion". Yesterday, Baroness Young, chief executive of the Environment Agency, said the insurance industry should withdraw cover as a deterrent to developers who plan to build on flood plains, despite being refused planning permission.
Bill Gloyn, chairman of european real estate at Aon, said: "Shifting the responsibility onto insurance companies to be the final arbiters of building development is an incredible suggestion from
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