The Property Flood Resilience Database (PFR-d) is a system to record any resistance and/or resilience measures taken to improve the flood resilience of properties, which have either previously been flooded, or that are at risk of flooding. The creation of the database was the focus of an Innovate UK funded ‘Environmental Data’ feasibility study project (Innovate UK Project Number: 131543).
The database will then be linked with insurer’s existing underwriting systems with the aim of improving the insurance offering for these properties. Properties which have been flooded in the past, or are at risk of flooding, often struggle to purchase affordable insurance cover. Those who do have cover may have very high excesses on any flood damage claims. The aim of the PFR-d is to enable insurers to understand which flood resilience measures have been taken by properties, and use the available information to assess the improved resilience and amended risk levels for these properties.
Further Innovate UK funding has been secured through the ‘Solving Urban Challenges with Data’ call, to progress the PFR-d through the ‘Urban Flood Resilience’ project (Innovate UK Project Number: 102349). The project team, comprising of BRE, AXA Insurance and LexisNexis, with the addition of Liverpool City Council as an end user, are working towards launching the PFR-d.
The new funding also allows for research to be undertaken that will link the PFR-d to other databases and datasets. Opportunities identified in earlier dissemination events will also be investigated. Links will be made with relevant parties to link the PFR-d with other initiatives, such as improving public knowledge of flood risk and resilience.
For further information on the PFR-d, please contact Stephen Garvin at BRE at email@example.com, or call (01355) 576242.