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Unrated Icelandic insurer’s flood risk venture sparks passporting debate

steve-foulsham-biba

A policyholder partnership scheme designed by a broker to support homeowners in high flood-risk areas following the expiry of the Statement of Principles has reignited market concerns about unrated insurers passporting into the UK market.

With less than eight weeks until the SoP expires, Bexhill-based Bureau Insurance Services is preparing to launch its Flood Insure scheme, which offers homeowners 
the chance to install recommended

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