Dermot Kehoe from Flood Re and Bernie Coughlin from Royton Insurance Services talk all things flooding and insurance.
If you are flooded by Groundwater Flooding - or any other type of flooding - insurance is something you spend a lot of time worrying about. Am I covered? Could the wording of my policy or its level of cover mean I am not covered? Will I get a payout and will it be enough?
In this episode we try to cover all the angles of flooding and insurance. Dermot Kehoe explains how re-insurance 'Flood Re' (a collaboration between the insurance industry and the government) can be a lifeline for people whose properties are at risk of flooding or have flooded before. Insurance industry expert Bernie Coughlin skilfully balances the line between being on the side of customers... but also explaining why the insurance companies need to have the processes, policies and exclusions that they do.
Plus, of course, we consider the unique case that Groundwater Flooding is and how both Flood Re and the insurance industry are adapting to better serve those affected now... or who could be in the future.
This is a detailed and fascinating discussion that will be enlightening to anyone with a personal or professional interest in getting flood insurance right.