General Insurance Article - Budget 2020 Flood defence investment is a much needed boost

 As well over £300m immediately to help communities affected by flooding in the recent storms. “The extra investment in the country’s flood defences will be a much needed boost to homes and businesses impacted by the recent storms, the damage from which is still clear to see in many parts of the UK.

 “However, it will still take time for this money to translate into actual schemes to protect or alleviate the risk of flood. This investment should be part of a concerted and coordinated effort by the government, insurers and the wider business community to build more resilience into our infrastructure and help mitigate the growing danger of climate change on our lives.”