Flood Re
Corporate brand
UnclaimedUK flood insurance reinsurance scheme
Last updated November 4, 2026
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Overview
Flood Re is a UK government-backed reinsurance scheme designed to provide affordable flood insurance for households in high-risk flood areas. It is funded by insurers and spreads risk through reinsurance.
Products and positioning
A stabilising mechanism for the UK flood insurance market
Recent events
- Unconfirmed
Reported
Flood Re acquires BeFloodReady brand and plans national flood resilience platform[1]
Flood Re has acquired the BeFloodReady brand, previously owned by Cornwall Council, and announced during Flood Action Week plans to develop it into a national platform for flood resilience in the UK, supported by Defra and Floods Minister Emma Hardy MP.
Sources1 sources
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