Canadian Underwriter and Swiss Re team up to present webinar on making overland flood insurable

Canadian Underwriter and Swiss Re have teamed up to present a webinar on ‘Making Flood Insurable for Canadian Homeowners,’ on Feb. 16, 2012.The free presentation will be streamed live from 10 a.m. to 11 a.m. EST (Eastern Standard Time).Dr. Jens Melhorn, head of Swiss Re’s flood group, and Paul Kovacs, executive director of the Institute for Catastrophic Loss Reduction (ICLR) and president of the Property Casualty Insurance Compensation Corporation (PACICC), will serve as presenters. Currently homeowners in Canada cannot purchase overland flood insurance for their homes. Instead, they must rely on financial assistance from the government. Insurance companies already have well-established methods for assessing and paying claims, which can result in a faster recovery for communities. Dr. Melhorn and Kovacs will discuss ways to better protect Canadian homeowners against damage from overland flood. Participants can register at the following address:http://bit.ly/floodwebinar12