Mutual reinsure and the scheme administrator for the Flood Reinsurance Scheme.
Mark Hoban (Chairman)
Andy Bord (CEO)
The agreement expands Zurich’s existing relationship with Pen and marks a new partnership with Hiscox.
The appointments follow the promotion of Dan Byrne to Chief Commercial Officer.
The changes follow the appointment of Perry Thomas as CEO earlier this year.
The initiative is part of Flood Re’s broader push to prepare the market for the scheme’s exit in 2039, when flood coverage will return to risk-based pricing.
Flood Re has recently released its second transition plan – titled Flood Re, Our Vision: Preparing for a future of...
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