Turning flood risk into competitive advantage: A Swiss Re and Fathom event

An invite-only breakfast briefing for underwriters, pricing teams, and exposure managers

Developed by Swiss Re and Fathom, this exclusive 2-hour session will give you a clear picture of the current state of flood risk in Australia, alongside the emerging tools that can help you strike the right balance between competitive pricing and long-term profitability.

Urban expansion across Australia is pushing more communities into flood-prone zones, drastically increasing exposure and uncertainty. Where and how we build, what we invest in and how we mitigate risk can have up to four times the impact of climate change on flood risk.

Since 2020, Australia has experienced 14 catastrophic and 8 significant weather events, with flood as the largest contributor. The ICA estimates approximately 1.2 million properties face some level of flood risk. Of these 230,000 sit in low-impact but frequently recurring flood zones (the 1-in-20-year flood likelihood), a level of exposure that can erode insurers’ financial resilience and push premiums higher.

With extreme weather events driving $1.5 billion in insured losses globally in the first half of 2025 alone. The question is no longer if change is needed, but rather how to leverage technology to close the protection gap, maintain profitability and turn catastrophic events from financial threat into business opportunity.

In this 2-hour event, Fathom and Swiss Re brings together a small group of underwriters, exposure managers and pricing teams to first examine the Australian insurance landscape through the lens of Swiss Re’s data, then dive into the latest innovations in flood risk technologies transforming the market.