Abstract
Insurance represents an effective response to natural hazards, spreading the cost of damage in space and time. The development of flood insurance for buildings and building contents in the UK is examined in order to assess the extent to which it fits a crisis-oriented model whereby changes in the nature and effectiveness of the response are triggered directly (and exclusively) by individual hazard events. The model is confirmed in outline, some factors influencing the imperfect link between insurance innovation and individual flood events are identified, and implications both of the widespread insurance cover availability and of the crisis orientation evident in the evolution of insurance policy are discussed.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
