PARLIAMENTARY WRITTEN QUESTION
Floods: Beverley and Holderness (26 July 2024)
Question Asked
Asked by:
Graham Stuart (Conservative)
Answer
Build Back Better (BBB) was introduced in 2022 to allow and encourage the insurance industry to provide their claimants with the opportunity to install flood resilient measures when repairs to their property are made.
Insurers representing some 75% of the domestic home insurance market have already signed up to offering BBB. Flood Re has taken several steps to encourage the take up of BBB, including running a series of workshops for insurance company staff and developing a toolkit for insurers.
I will be meeting with representatives of the insurance industry in September to explore with them how they can work with householders to encourage a high take up of the Build Back Better offer, ensuring as many householders as possible benefit.
Answered by:
Emma Hardy (Labour)
5 August 2024
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