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Businesses are still not recovering resiliently from flooding – Marsh Risk Consulting

By 2021-07-05T16:52:00

Business flood

Considering how the industry can rise to meet flooding challenges, parametric solutions are ‘giving people hope’, says consulting director and head of climate and catastrophe resilience

The “most thorny” issue for SMEs is getting cover for flooding. To practically resolve the issue, the industry needs to think about whether the relationship between insurers and businesses is a risk partnership or transactional partnership, said Beverley Adams, consulting director and head of climate and catastrophe resilience at Marsh Risk Consulting.

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