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Flood Re

Flood Re Limited (“Flood Re” or “the Company”) is the Scheme Administrator for the Flood Reinsurance Scheme (Flood Re Scheme) and is principally engaged in the provision of flood peril reinsurance cover within the UK. The Flood Re Scheme is a joint initiative between the UK insurance industry and the UK Government. The Flood Re Scheme was established by the Water Act 2014. Further details of the Scheme can be found on the Company’s website at www.floodre.co.uk. Flood Re’s purpose is to promote the availability and affordability of flood insurance for eligible homes, while minimising the costs of doing so, and manage, over its lifetime, the transition to risk reflective pricing for household flood insurance. In order to do this, Flood Re provides reinsurance cover at a subsidised fixed rate to insurers, resulting in an expected underwriting loss each financial year. The Company finances this through a £180m levy on UK Household Insurers. The levy also finances the purchase of an outwards reinsurance programme to protect the Company up to a £2.1bn maximum liability limit. Flood Re is a mutual reinsurer and was incorporated in August 2013 as a private UK Company limited by guarantee. Regulations designating the Flood Re Scheme came into force on 11 November 2015, providing Flood Re the power necessary to fulfil its purpose. On 1 April 2016, Flood Re was authorised by the Prudential Regulatory Authority (“PRA”) and the Financial Conduct Authority (“FCA”). Flood Re launched on 4 April 2016.

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Insurance 92 Employees Found Founded 2013 22340 Similar Companies
92 Employees Found
96% Email Coverage
$8.4M Est Revenue
1 Office HQ
22340 Similar Companies
Sep '26 Last Verified

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Frequently asked questions about Flood Re

Who is the CEO of Flood Re?

Julianne Hill is the CEO of Flood Re.

Who are the decision makers in Flood Re?

The decision makers in Flood Re are Anthony Ballance, Perry Thomas, Bridget Rosewell, etc. Click to Find Flood Re decision makers emails.

How can I contact Flood Re for inquiries about flood insurance?

You can reach Flood Re by visiting their official website and using the contact form provided. Alternatively, you can call their customer service number listed on the site for immediate assistance regarding flood insurance inquiries.

Is there a directory of staff members at Flood Re?

Flood Re does not publicly provide a detailed staff directory. However, you can find key contact information for departments and services on their website, ensuring you reach the right team for your specific needs.

What services does Flood Re offer to homeowners?

Flood Re offers reinsurance cover specifically for homeowners in flood-prone areas, enabling them to obtain affordable flood insurance. This helps ensure that flood risks are manageable and that homeowners can protect their properties effectively.

Can I get assistance with flood insurance claims through Flood Re?

Flood Re does not handle claims directly. However, they work with participating insurers who can assist you with your flood insurance claims. Contact your insurance provider for guidance on the claims process.

What industries does Flood Re support with its services?

Flood Re primarily supports the residential insurance market by providing flood reinsurance. This enables insurers to offer flood coverage to homeowners, particularly in high-risk flood areas, ensuring broader access to affordable insurance options.

How can I find out more about Flood Re's initiatives and updates?

To stay informed about Flood Re's initiatives, you can subscribe to their newsletter via their website. Additionally, follow their social media channels for the latest news, updates, and information related to flood insurance and reinsurance.