"As the impacts of climate change increase, we remain steadfastly committed to ensuring that flood insurance remains available and affordable for those most at risk and ensuring the scheme’s sustainability through to its planned conclusion in 2039."
- Bridget Rosewell, chair of Flood Re
Prior to this appointment, Sue Mulry-Lawson served as group chief risk officer (CRO) at The Standard P&I Club. In the past, she’s also worked head of risk & compliance at Charles Taylor, director at Ordo Consulting, and head of UK compliance at CPP Group, amongst others.
“I’m delighted to be taking on the challenge of interim CRO at this crucial time for Flood Re.
“The organisation’s unique mission continues to play a vital role in helping the UK adapt to the increasing risk of flooding, and I look forward to contributing to its success in a changing regulatory and economic landscape,” she said.
Michael Murphy has joined Flood Re’s board as an independent non-executive director (NED). He brings over three decades of experience across general insurance (GI), health insurance, pensions, and wealth management.
He said: “Flood Re has a crucial role to play in supporting households and communities, helping to make affordable home insurance available to homeowners whose homes are at risk of flooding and working with the insurance market to prepare for the transition to risk-based pricing for flood insurance.
“I look forward to supporting its mission and helping to drive positive change – through promoting property-level flood resilience, influencing planning policy and engaging with the insurance and reinsurance markets.”
Bridget Rosewell, chair of Flood Re, added: “These two key appointments demonstrate yet again the quality of people attracted to join us as we set our sights on successfully navigating through the many challenges and opportunities ahead.
“As the impacts of climate change increase, we remain steadfastly committed to ensuring that flood insurance remains available and affordable for those most at risk and ensuring the scheme’s sustainability through to its planned conclusion in 2039.”
Flood Re recently announced several senior executive appointments, including Latinka Pilipovic, who most recently served as chief financial officer (CFO) at Guardian Financial Services (Guardian).
READ MORE: Flood Re recruits Latinka Pilipovic as chief financial officer
“Having worked in several financial institutions, I’m looking forward to bringing fresh insight and helping steer the organisation through the transformative time that lies ahead,” she said.
