The issue of flood insurance and how it is tackled is a hot topic following the recent cat events. The insurance and reinsurance market has been working to find a solution that complements the National Flood Insurance Program and also helps to close the flood insurance gap. Bevis Tetlow, Head of North American Underwriting and Katy Sivyer, North American Underwriter, at Hiscox Re and ILS, discuss how the market is addressing the issue.