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Webinar Flood Re - Open For Business - On-Demand Webinar


After years of waiting, Flood Re opens for business on 4th April 2016. In the wake of Desmond, Eva and Frank, this is just as well, because we have all heard how homeowners and SMEs in the flood prone areas have struggled to obtain adequate insurance cover at sensible prices. However, Flood Re won’t solve all the problems.

Law Society best practice requires solicitors on all transactions to discuss flood risk with the client and, where appropriate, do further due diligence to establish the risk profile of the property. How do you do this in a cost-effective way that will enable your client (not you) to make the judgment call? Which of your clients will be facing the rigours of the open market for flood insurance, rather than the guaranteed affordability of Flood Re? What might happen if their flood risk profile is too great?

This webinar will bring you up to date on:

  • What the Law Society Practice Note requires
  • How Flood Re works (and which properties fall outside its remit)
  • How to improve your due diligence without increasing your own exposure
  • How to pick a flood search
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1 hours


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