Storm Babet a warning for UK insurers to focus on building resilience - News Summed Up

Storm Babet a warning for UK insurers to focus on building resilience


Speaking following Storm Babet and the arrival of further Met Office warnings, Cacciatori has called for better integration of insurance into the UK’s resilience landscape. Storm Babet struck parts of eastern Scotland last week (19 and 20 October 2023), with a red weather warning issued due to heavy rain and strong winds. In its yellow weather warning, it said that persistent and occasionally heavy rain may lead to some flooding and transport disruption in places. Launched in April 2022, Build Back Better offers policyholders the opportunity to install property flood resilience measures up to the value of £10,000 when repairing their properties after a flood. ”Switzerland, for example, has insurers included in any conversation about construction and resilience and this mindset must be adopted in the UK to alleviate the worst effects of flooding.”


Source: The Times November 02, 2023 10:12 UTC



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