Bridget Rosewell has been appointed as non-executive director and chair-designate for Flood Re.

Ms Rosewell's career has seen her working across infrastructure, utilities, financial services and transport. She also served as chief economic adviser to the Greater London Authority between 2002 and 2012, deputy director of economic affairs at the Confederation of British Industry and lecturer in economics at the University of Oxford.

Ms Rosewell's current roles include non-executive chair of audit and risk for the UK Infrastructure Bank, NED of Northumbrian Water, Chair of M6 Toll, the UK’s only tolled motorway and Chair of challenger bank, Atom. Previous roles also include Commissioner of the National Infrastructure Commission (2015 to 2023) and Member, Independent Review of Finances of TfL.

“I am delighted to be joining the Flood Re Board and look forward to helping continue its vital work promoting the availability and affordability of flood insurance," she said. "Equally, as we all face into our greatest national challenge in climate change, I am excited to be working with a wide range of partners on flood prevention and resilient adaptation in the face of ever-increasing flood risk.”

Subject to regulatory approval, Ms Rosewell will take up her new role at the end of September.

Mark Hoban, out-going chair, Flood Re, commented: “I am extremely proud of Flood Re which has addressed the problem that it was originally set up to solve - making flood insurance more affordable and increasing its availability. But Flood Re has and will continue to go beyond this and together with the industry and its partners be part of the solution to climate change adaptation. My parting message is do not let the success of Flood Re mask the need to create a long-term sustainable solution to managing flood risk. Much has been achieved but much more still needs to be done.”

Andy Bord, CEO, Flood Re added: “First of all, I would like to say a huge thank you to Mark for his invaluable service, direction and personal contribution to both the establishment of Flood Re and the delivery of our mission to ensure affordable and available home insurance for those in high flood risk areas. Mark’s energy and enthusiasm, combined with his sharp political and regulatory insights, have been critical to our success so far. I would also like to personally thank him for the wise counsel that he has provided to me."

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