Consultation outcome

Amendments to the Flood Re scheme

From:
Department for Environment, Food & Rural Affairs
Published
1 February 2021
Last updated
29 July 2021 — See all updates
This was published under the 2019 to 2022 Johnson Conservative government
This consultation has concluded

Read the full outcome

Summary of responses

PDF, 863 KB, 65 pages

Detail of outcome

We received 118 responses to this consultation from a wide range of stakeholders. The government will now implement technical changes to improve the efficiency and effectiveness of the Flood Re scheme.

The government supports the proposals for discounted premiums and build back better. It will work with industry to ensure these are implemented successfully and in a way that helps to address some of the barriers constraining the property flood resilience market. This will allow it to grow, innovate and mature.

Original consultation

Summary

Seeking views on changes to the Flood Re scheme to improve its efficiency and effectiveness and to increase uptake of property flood resilience.

This consultation was held on another website.

This consultation ran from
to

Consultation description

We want to know what you think about our proposed amendments to the Flood Re scheme.

The joint government and industry Flood Re scheme was designed to help households at high flood risk access affordable insurance.

The proposed changes aim to:

  • improve the efficiency and effectiveness of the scheme
  • support Flood Re’s purpose to manage transition to a risk-reflective flood insurance market by 2039

They include technical changes to the scheme and changes which seek to encourage greater uptake of property flood resilience among households at high risk of flooding across the UK.

Updates to this page

Published 1 February 2021
Last updated 29 July 2021 + show all updates

  1. We've added the summary of responses to this consultation.

  2. First published.

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