Flood Re
Insurance • 
London, England, United Kingdom • 51-100 Employees
Company overview
| Headquarters | 75 King William Street, City of London, London EC4N 7BE, GB |
| Phone number | +448670444 |
| Websites | |
| NAICS | 52 |
| SIC | 639 |
| Keywords | Actuarial, Insurance, Home Insurance, Reinsurance, Flood Insurance, Flood |
| Founded | 2013 |
| Employees | 51-100 |
| Socials |
Key Contacts at Flood Re
Michael Murphy
Independent Non Executive Director
Kelly Ostler-Coyle
Director Of Corporate Affairs
Dermot Kehoe
Director Of Communications & Transition
Julianne Hill
Executive Assistant To Chief Executive Officer
Okito Gonzales
Executive Assistant To Director Of Operations | Operations Team Pa | Office Manager
Flood Re Email Formats
Flood Re uses 2 email formats. The most common is {first name}.{last name} (e.g., john.doe@floodre.co.uk), used 61.7% of the time.
| Format | Example | Percentage |
|---|---|---|
{first name}.{last name} | john.doe@floodre.co.uk | 61.7% |
{first initial}.{last name} | j.doe@floodre.co.uk | 38.3% |
About Flood Re
Flood Re Limited (“Flood Re” or “the Company”) is the Scheme Administrator for the Flood Reinsurance Scheme (Flood Re Scheme) and is principally engaged in the provision of flood peril reinsurance cover within the UK. The Flood Re Scheme is a joint initiative between the UK insurance industry and the UK Government. The Flood Re Scheme was established by the Water Act 2014. Further details of the Scheme can be found on the Company’s website at www.floodre.co.uk. Flood Re’s purpose is to promote the availability and affordability of flood insurance for eligible homes, while minimising the costs of doing so, and manage, over its lifetime, the transition to risk reflective pricing for household flood insurance. In order to do this, Flood Re provides reinsurance cover at a subsidised fixed rate to insurers, resulting in an expected underwriting loss each financial year. The Company finances this through a levy on UK Household Insurers. The levy also finances the purchase of an outwards reinsurance programme. Flood Re is a mutual reinsurer and was incorporated in August 2013 as a private UK Company limited by guarantee. Regulations designating the Flood Re Scheme came into force on 11 November 2015, providing Flood Re the power necessary to fulfil its purpose. On 1 April 2016, Flood Re was authorised by the Prudential Regulatory Authority (“PRA”) and the Financial Conduct Authority (“FCA”). Flood Re launched on 4 April 2016.
Flood Re revenue & valuation
| Annual revenue | $223,000,000 |
| Revenue per employee | $2,686,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Insurance industry and current estimated revenues | $713,300,000 |
| Total funding | No funding |
Employees by Management Level
Total employees: 51-100
Seniority
Employees
Employees by Department
Flood Re has 31 employees across 8 departments.
Departments
Number of employees
Funding Data
Flood Re has never raised funding before.
Flood Re Tech Stack
Discover the technologies and tools that power Flood Re's digital infrastructure, from frameworks to analytics platforms.
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Video players
Analytics
Documentation
Analytics
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JavaScript libraries
Programming languages
Security
South Africa
Croatia
Finland
Frequently asked questions
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