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It is important to be prepared for worsening flood risks

Don Forgeron, president and CEO of the Insurance Bureau of Canada (IBC), has said: “Collectively, we simply need to do a better job to face this risk head on.” He added, “We can start by working together to educate and empower consumers.”

And that is what Canadian authorities and insurance leaders have set out to do – starting with a roundtable, to move the conversation towards improving flood insurance for Canadians.

Planning how to better educate the public on flood risk will be the main objective for the experts at the roundtable. The focus will be on working to help Canadian homeowners understand their flooding exposures.