Insurance Age

ABI welcomes government plans for a floods and water bill

Stephen Haddrill, the ABI’s Director General, said: “We are pleased that the Government has agreed with our view that legislation is needed to tackle flooding. The ABI looks for a long-term flood management strategy, with an investment programme to match the risk of flooding from rivers, coasts and drainage.

“This is needed urgently. The future availability and affordability of flood insurance depends on the adequate management of the growing flood risk.”