09-05-2016 21:17 via insuranceinsider.com

UK government urges solution for flood-hit SMEs

The UK government is pushing the insurance industry to provide a
business interruption insurance solution for small and medium-sized
enterprises (SME) affected by floods.Sources said that the insurance industry had been in discussions
with the government regarding a viable flood solution for
businesses.Those talks identified that the central problem for SMEs was
obtaining business interruption insurance as well as property
cover.However, sources maintained that the government-backed Flood Re
sch
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