Regulatory backed Flood Re is a government-supported mutual reinsurer funded by a levy on UK household insurers, presenting a potential cross-sell of risk management, compliance services, and regulatory reporting solutions to maintain governance and regulatory alignment for schemes of this nature.

Affordability mandate The core mission focuses on improving affordability and access to flood insurance, signaling opportunities to offer pricing analytics, catastrophe modelling, and affordability-focused product optimization solutions to insurers participating in the Flood Re Scheme.

Data and analytics With a technology stack including Power BI, SQL Server, Azure DevOps and data tooling, Flood Re has ongoing needs for data warehousing, analytics, dashboards, and DevOps enhancements—ideal for selling advanced analytics platforms, data governance, and cloud modernization services.

Recent leadership changes Upcoming and recent changes in governance such as non-executive director transitions and interim CRO appointments indicate a potential opening for strategic advisory services, risk management frameworks, and governance support engagements.

Asset and investment management Flood Re manages a sizable asset portfolio (~£1B) and recently appointed Aberdeen Group as investment manager, offering a sales angle for investment oversight tools, custodian services, securitization, and risk-adjusted performance measurement solutions.