B

Baroness Hayman of Ullock (Lab)

Speaking in the House of Lords on 28 November 2024

Debate

Storm Bert: National Preparedness

Contribution

Flood Re has been running for a number of years, and I am sure the noble Earl and other noble Lords are aware of the exceptions to what can be put forward to it—for example, multiple-occupation buildings. My understanding is that it is being reviewed, because it is available only up to a certain date and we have reached the stage where it will be looked at. The other issue is that businesses are not covered either. It is important that we continue to monitor and review its effectiveness, while also looking at how we support the people who are not supported by what is a very important insurance back-up.

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