Flood and the 3 Rs – Reinstatement, Resilience and Resistance
Flood Re is now up and running but there is little appreciation of the next task they face which is to try and deliver a return to risk reflective pricing in a little over 20 years. This event will review the historic approach to reinstatement of damage caused by floods, why this cannot continue and what better options are available. Also, the other key elements of improving the resilience of a property once flooded and how to mitigate the risk of being flooded in the first place are discussed. The event will be of interest to underwriters, claims handlers and brokers. This seminar is suitable for anyone who works in general insurance with a property element in their role.
Learning Objectives
At the end of this event, the delegate will be able to identify:
-an appreciation of the drivers behind the current industry concern and approach to flood
-a reminder of Flood Re
-a full understanding the 3 key elements of Reinstatement, Resilience & Resistance necessary if the market is to return to risk reflective pricing.
About the speaker:
Mike has been a loss adjuster for 30 years, former Head of Property Claims for one of the national adjusting firms and since 2010 an Associate Director of Vericlaim UK Ltd. Mike was President of the Insurance Institute of Sheffield 2014/5.
CII Accredited
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.