Headquarters:
London
Year founded:
2016
Number of employees:
62
Phone:
+44 (0)20 7337 9888
Email:
enquiries@dualgroup.com
Website:
floodre.co.uk
LinkedIn:
linkedin.com/company/
flood-re-limited
“We put our customers at the centre of our business, responding to brokers in a proactive and timely manner and working with the customer to understand their unique risk profile and tailor appropriate solutions”
Erica Kofie, QBE
Bridget Rosewell
Chair of the Board
Andy Bord
Chief Executive Officer
Stuart Logue
Chief Financial Officer
Leadership
Bridget Rosewell is an experienced director, policymaker and economist. She chairs the M6 Toll Company and is a non-executive for the UK Infrastructure Bank and Northumbrian Water Group. Among other roles, she has been a commissioner for the National Infrastructure Commission, senior independent director for Network Rail and chief economic adviser to the Greater London Authority.
Rosewell was appointed CBE in December 2018 and is also a fellow of the Institution of Civil Engineers, the Academy of Social Science and the Society of Professional Economists. She writes on finance, risk and uncertainty, as well as infrastructure and modelling validation.
Chair of the Board
Bridget Rosewell
Andy Bord was appointed as chief executive officer of Flood Re in February 2017. He was previously CEO of Capita Insurance Services, accountable for multiple businesses – both stand-alone insurance trading entities and those delivering outsourced insurance and medical solutions. He has also held senior leadership roles in high-profile consumer-facing businesses, including the BGL Group and Vodafone UK.
Chief Executive Officer
Andy Bord
Stuart Logue is the chief financial officer of Flood Re. He is responsible for the planning, implementation and management of all aspects of the firm’s finance, accounting, capital management and reinsurance functions. Logue is a member of the Institute of Chartered Accountants of Scotland and has previously worked in senior finance roles within Ageas, Direct Line Group and the Royal Bank of Scotland across insurance and financial services.
Chief Financial Officer
Stuart Logue
“We put our customers at the centre of our business, responding to brokers in a proactive and timely manner and working with the customer to understand their unique risk profile and tailor appropriate solutions”
Erica Kofie, QBE
“We continue to see cyber as a key opportunity and will be further developing customer-centric solutions across various geographies and segments in line with our growth aspirations”
Erica Kofie, QBE
Leadership
“We continue to see cyber as a key opportunity and will be further developing customer-centric solutions across various geographies and segments in line with our growth aspirations”
Erica Kofie, QBE
“We put our customers at the centre of our business, responding to brokers in a proactive and timely manner and working with the customer to understand their unique risk profile and tailor appropriate solutions”
Erica Kofie, QBE
Leadership
Judith Eden
Non-Executive Director
Judith is a Non-Executive Director. She holds a similar role with Invesco UK Ltd and is the Audit Chair at ICBC Standard Bank plc. As an experienced Managing Director and Chief Operating Officer, Judith adds over 25 years of financial services industry experience to Flood Re’s senior team.
Non-Executive Director
Judith Eden
Jean Sharp
Non-Executive Director and Chair of the Audit and Compliance Committee
Jean Sharp is a non-executive director. She is also chair of Flood Re’s audit and compliance committee and the company’s whistleblowing champion. She is also an independent NDE at Personal Assets Trust and FBD Holding (an Irish insurance group). She spent over 20 years in financial services with Aviva and is a former partner with EY. Sharp is a chartered accountant.
Non-Executive Director and Chair of the Audit and Compliance Committee
Jean Sharp
Flood Re is a joint initiative between the government and the insurance industry that exists to promote the affordability and availability of flood insurance for homes across the UK. Flood Re’s operation promotes a competitive insurance market that customers can take advantage of.
Flood Re does not set consumer prices; this remains a decision for insurers to make. Insurers can place the flood risk element of domestic property insurance with Flood Re at a premium linked to property council tax bands. Flood Re sits in the background, with the purchase of the policy and the process of making a claim unchanged.
As of April 2022, Flood Re has launched the “Build Back Better” program, which is designed to reduce the cost and impact of future floods by including property resilience measures as part of flood repairs.
“We continue to see cyber as a key opportunity and will be further developing customer-centric solutions across various geographies and segments in line with our growth aspirations”
Erica Kofie, QBE
Simon Green
Non-Executive Director and Chair of our Remuneration Committee
Perry Thomas
Non-Executive Director and Chair of the Risk and Capital Committee
Shirel Stedman
Non-Executive Director
Simon Williams
Chief Strategy and Distribution Officer, Arch Insurance International and
Active Underwriter, Syndicate 1955
Simon Green is a Non-Executive Director. He is also a Non-Executive Director of Arthur J. Gallagher, Chair of the Risk Committee and Chair of Pen Underwriting Limited. Simon has over 25 years of financial services experience including 15 years at the financial regulator. He is also our Senior Independent Director.
Chair of Remuneration Committee and Senior Independent Director roles subject to regulatory approval.
Non-Executive Director and Chair of our Remuneration Committee
Simon Green
Perry Thomas is a non-executive director and chair of the risk and capital committee. He’s an actuary with over 30 years of experience in financial services in roles including CEO, CRO and group chief actuary. He’s held directorships in the UK, Bermuda, Ireland, India, South Africa, Malta and Luxembourg and has been on the Council of the Institute and Faculty of Actuaries. Thomas is dyslexic, which he believes can bring a different perspective.
Non-Executive Director and Chair of the Risk and Capital Committee
Perry Thomas
Shirel Stedman is a non-executive director. She is also a fellow chartered member of the Institution of Civil Engineers (FICE) and the Chartered Institute of Water and Environmental Management (CIWEM). Stedman brings over 30 years of experience as a civil engineer who has spent most of her career working on flood resilience, climate change and water issues across the public and private sectors.
Non-Executive Director
Shirel Stedman
Kimi leads the Estate Planning and Wealth Protection team and is a member of the Society of Trust and Estate Practitioners. She understands the complex and delicate nature of family estate planning, the technical requirements around probate and estate administration, and the importance of preserving wealth for future generations. Her advice is accurate, commercial, strategic and tailored to each situation.
Partner
Kimi Shah
Kimi leads the Estate Planning and Wealth Protection team and is a member of the Society of Trust and Estate Practitioners. She understands the complex and delicate nature of family estate planning, the technical requirements around probate and estate administration, and the importance of preserving wealth for future generations. Her advice is accurate, commercial, strategic and tailored to each situation.
Partner
Kimi Shah
Kimi leads the Estate Planning and Wealth Protection team and is a member of the Society of Trust and Estate Practitioners. She understands the complex and delicate nature of family estate planning, the technical requirements around probate and estate administration, and the importance of preserving wealth for future generations. Her advice is accurate, commercial, strategic and tailored to each situation.
Partner
Kimi Shah
“Despite the challenging claims environment, QBE’s coverage and risk appetite have remained consistent. Brokers and customers know and understand our risk appetite and the cover we offer, providing them with certainty for the future,” says Erica Kofie, head of cyber proposition. “We put our customers at the centre of our business, responding to brokers in a proactive and timely manner and working with the customer to understand their unique risk profile and tailor appropriate solutions.”
Kofie adds, “Through 2022, QBE successfully delivered significant growth in the cyber sector, reflecting the depth and strength of our team. We continue to see cyber as a key opportunity and will be further developing customer-centric solutions across various geographies and segments in line with our growth aspirations.”
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Broker communication, training and development
BDM support
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Small business
Medal
Overall service level
Broker communication, training and development
BDM support
Turnaround time – claims
Broker's Pick – Personal Accident and Illness Insurance
Brokers’ Pick – Professional liability
Small business