The Flood Re Scheme is a joint Government and industry initiative aimed at improving the availability and affordability of flood insurance for UK households at high flood risk. Since its launch in 2016 more than 300,000 households have benefitted with 96% of policy holders with a prior flood claim now able to obtain five or more quotes. Prior to Flood Re no policy holders with a prior flood claim could get five or more quotes and only 9% could obtain two or more. The Government will continue to work with Flood Re and the sector to identify and address obstacles to flood insurance. In December 2019, the Government commissioned an independent review into the affordability and availability of insurance in Doncaster led by Amanda Blanc, former Chair of the Association of British Insurers. On 5 November 2020 the final report was published and made 12 recommendations that Government is considering and will respond to formally in due course. In line with two of the recommendations, the Government is repeating the 2018 research into the affordability and availability of flood insurance for households and small and medium sized enterprises. This study is the continuation of a series of studies to evaluate the market situation, to identify trends in relation to the availability and affordability of flood insurance and the impact of Flood Re. The research is expected to commence in spring 2021 and will inform future policy. The Government is working with the insurance sector and the wider private sector to help all businesses become more resilient and to speed up recovery. There is no evidence of a systemic problem for businesses at high flood risk being unable to access suitable flood insurance cover. Indeed the 2018 research found that only 2% of small businesses in the UK were not able to find suitable insurance cover for flood risk. However, we acknowledge that there is a problem for some small and medium sized businesses, particularly in communities that have recently been flooded. Business flood insurance is already risk reflective, given Flood Re does not cover businesses, and those in high flood risk areas can seek the best quote available and consider the services of an insurance broker. There are also several innovative products offered by the industry to help small and medium sized businesses, including increased flood excess with reduced premiums, and parametric insurance which allows property owners to set the level of premium in line with an agreed level of risk.