Parliament Website

Flood Insurance For Small Businesses

EDM number 368 in 2014-15, proposed by Nick Harvey on 16/10/2014.
Categorised under the topics of Flooding and Small businesses.

That this House notes with concern how small business owners in flood risk areas, many of whom have seen their livelihoods and properties destroyed or damaged due to flooding, face prohibitively high insurance premiums and excesses or outright refusal from insurance companies to cover their businesses; further notes that the current Statement of Principles Agreement between the Association of British Insurers (ABI) and the Government is a guarantee to provide insurance that only addresses availability of insurance and not affordability, and its successor scheme Flood Re excludes small businesses from those it will cover; further notes with concern the consequent fear and uncertainty amongst the business community at the lack of any guarantee when Flood Re begins next year; further notes also that leaseholders as a group will be excluded from Flood Re and the anxiety this is causing; welcomes initial commitments from the Department for Environment, Food and Rural Affairs and ABI to look at evidence of the difficulties faced by small businesses in flood risk areas; and calls on the Government to take swift action by introducing a stand-alone Flood Re 2 agreement for small businesses and leaseholders which addresses both affordability and availability of insurance.

This motion has been signed by a total of 33 MPs.

Nick Harvey16/10/2014North DevonLiberal DemocratProposed
Anne McIntosh16/10/2014Thirsk and MaltonConservativeSeconded
Laurence Robertson16/10/2014TewkesburyConservativeSeconded
Michael Weir21/10/2014AngusScottish National PartySeconded
Mike Hancock21/10/2014Portsmouth SouthLiberal DemocratSeconded
Jim Shannon22/10/2014StrangfordDUPSeconded
David Simpson22/10/2014Upper BannDUPSigned
William McCrea22/10/2014South AntrimDUPSigned
Mark Hunter22/10/2014CheadleLiberal DemocratSigned
Martin Caton22/10/2014GowerLabourSigned
Mary Glindon27/10/2014North TynesideLabourSigned
John Leech27/10/2014Manchester, WithingtonLiberal DemocratSigned
Mark Williams28/10/2014CeredigionLiberal DemocratSigned
Robert Smith30/10/2014West Aberdeenshire and KincardineLiberal DemocratSigned
Adrian Sanders05/11/2014TorbayLiberal DemocratSigned
Nigel Evans05/11/2014Ribble ValleyConservativeSigned
David Jones19/11/2014Clwyd WestConservativeSigned
Mike Thornton21/11/2014EastleighLiberal DemocratSigned
Chris Ruane21/11/2014Vale of ClwydLabourSigned
Elfyn Llwyd25/11/2014Dwyfor MeirionnyddPlaid CymruSigned
Stephen Hepburn25/11/2014JarrowLabourSigned
Joan Ruddock26/11/2014Lewisham, DeptfordLabourSigned
Stephen Gilbert26/11/2014St Austell and NewquayLiberal DemocratSigned
Alan Beith01/12/2014Berwick-upon-TweedLiberal DemocratSigned
Michael Crockart02/12/2014Edinburgh WestLiberal DemocratSigned
Sandra Osborne03/12/2014Ayr, Carrick and CumnockLabourSigned
Sammy Wilson04/12/2014East AntrimDUPSigned
Tony Cunningham05/12/2014WorkingtonLabourSigned
Naomi Long11/12/2014Belfast EastAllianceSigned
Rosie Cooper17/12/2014West LancashireLabourSigned
Roger Williams18/12/2014Brecon and RadnorshireLiberal DemocratSigned
Gregory Campbell13/01/2015East LondonderryDUPSigned
Charles Kennedy20/01/2015Ross, Skye and LochaberLiberal DemocratSigned

Download raw data as csv or xml.