EVP & CMO at Wright Flood | Raising brand awareness with product & service innovations to help agents/brokers get more clients on board with flood insurance | wrightfloodadvice.org
Experts: Boosting flood resilience is preferable to rebuilding after a flood and has the added benefit of helping with the long-term insurability of these risks. #WF24 #FloodInsurance #WrightFlood
Flood Adaptation Preferable to Post-Disaster Rebuilding – And It Helps With Insurability
Flood Adaptation Measures, A Summary of a Report Created by Swiss Re. https://lnkd.in/gEr4n-xk #Flood #SwissRe #Catastrophe #disasterrecovery
In 2023 alone, floods accounted for a staggering $51.6 billion in economic damages. A study by Swiss Re estimates that flood adaptation measures could yield economic benefits 10 times greater than the cost of post-disaster rebuilding.
While awareness of physical infrastructure to combat flooding is high, awareness of the vast range of nature-based solutions and flood resilience measures is not. Yet these approaches have a vital role to play in the protection of private property, lives and livelihoods. #floodmanagement #floodrisk #flooding https://lnkd.in/eysFtMCA
A Flood Alert has been issued for today by the Environment Agency for the Wear estuary, which includes Sunderland. This means flooding is possible for the Wear estuary from Lamb Bridge at Chester-le-street to the North Sea coast at Sunderland. Waves are forecast to overtop coastal defences at riverside footpaths and low-lying land and roads. It is more important than ever to understand the risk and take action. Whether it's safeguarding your home, knowing evacuation routes or creating an emergency plan, we've got you covered. Read our latest blog which covers everything you need to know about flood risks and how to stay protected. https://lnkd.in/e7X8hvHG #FloodSafety #floodresponse #propertydamage #flooddamage
President at Crawford & Company (Canada) Inc. | Senior Insurance Executive and Board Member | Innovation Enthusiast
Recent updates reveal a concerning trend in flood risk across Quebec. According to Canadian Underwriter, new flood maps suggest that three times as many homes in Quebec could be located in flood zones compared to previous estimates. This highlights the urgent need for proactive measures to address and mitigate the growing threat of flooding in the region. In the face of climate change, it's crucial for homeowners, insurers, and policymakers to stay informed and take decisive action to protect vulnerable communities. #FloodRisk #ClimateChange #Resilience #Canada
A new tool – the Municipal Flood Risk Check-Up – launched today by the University of Waterloo's Intact Centre on Climate Adaptation | Centre Intact d’adaptation au climat, will help Canadian municipalities to assess flood hazards, level of flood preparedness, and actions to limit future flood risk. Canada’s National Risk Profile, 2023, identified that the country is not ready for flooding. 10 per cent of Canada’s housing market is uninsurable for overland flooding, and homes in flood impacted communities have sold for up to 17 per cent less following a flood event. Read more: https://ow.ly/mkim50Rj1Ky
The DANA floods in Spain in 2024 caused significant economic losses, with estimated damages ranging from EUR 12 to 13 billion. The floods, which brought record-breaking rainfall, overwhelmed the region’s infrastructure, leading to widespread destruction and a death toll of 224. The event highlighted the vulnerability of the region to extreme weather events and the need for improved flood management systems. #DANAfloods #Spain #riskmanagement #extremeweather
Managing Director, Climate-Resilient Infrastructure | Board Chair, Natural Assets Initiative | Committee Advisor | Media Outreach
"For the 80% of major Canadian cities in flood zones—unprepared and uninsured for billions in annual flood damage losses—a new 50-question self-assessment tool can help determine the risks of rainfall, river, or coastal flooding to aid action that limits the hazards." gaye taylor, The Energy Mix outlines the urgent need for the #MunicipalFloodRiskCheckup! Start it today: https://lnkd.in/e-cSkdsA #tacklingfloodingtogether
One of the issues we see across councils in #NSW is a lack of uniformity when it comes to #Flood data. One councils appreciation of Flood risk may vary considerably from another, with different input parameters used for indicators such the frequency of Flood events and the depth of Flood waters. Another thing to note is the 10.7 Flood Risk is based on past events and doesn't take #Climatechange into account. With extreme weather events increasing, have we seen the worst of it yet? The probability is that we haven't. #nswfloods #climatechangeaustralia https://lnkd.in/ezyUBfbZ
