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Scotland getting it right on managing flood risk says the ABI

Scotland is developing the right strategy for managing the rising flood threat the ABI said today.

Commenting on The Scottish Rural Affairs and Environment Committee Report on Flooding and Flood Management, Justin Jacobs, the ABI's Assistant Director of Property Insurance, said:

"This report identifies the right priorities for managing the flood threat in Scotland. We agree on the need for more comprehensive and accurate information on the flood risk, especially from surface water flooding, and the need for a long-term investment strategy. The Committee rightly recognises the need for ensuring that flood vulnerable properties are more resilient to flooding.

"This is the right approach, not just for Scotland but for the rest of the UK, and we support implementation of the Report's recommendations."

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Notes for Editors

1. Enquiries to:
Jonathan French 020 7216 7392 (Mobile: 07958 330 480)
Malcolm Tarling 020 7216 7410 (Mobile: 07776 147 667)
Erfan Hussain 020 7216 7411 (Mobile: 07712 841 184)
Kelly Ostler-Coyle 020 7216 7415 (Mobile: 07968 364 302)

2. The ABI is the trade association for Britain's insurance industry. Its nearly 400 member companies provide over 94% of the insurance business in the UK. It represents insurance companies to the Government, and to the regulatory and other agencies, and is an influential voice on public policy and financial services issues. ABI member companies hold up to a sixth of all investments traded on the London Stock Exchange, on behalf of millions of pensioners and savers.

3. An ISDN line is available for broadcasts.

Copies of all ABI news releases, together with other information from the Association, can be seen on our website http://www.abi.org.uk

More Articles by Association of British Insurers (ABI) ...

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