Know your models: an underwriter’s guide to flood modeling

Floods are among the most challenging perils to model, and not all flood models are created equally. So, what should you know when using flood model results to inform risk selection, pricing, and management?

Floods depend on a variety of complex conditions, and the quality of available data varies. This means that methods for building flood models differ significantly, and these differences can greatly affect outcomes—whether in terms of geography, frequency, or severity.

Understanding how these models are constructed, whether from in-house teams or third-party providers like brokers, is key to making informed underwriting decisions.

Join us for an educational webinar where Matthew Grant will speak with Fathom’s flood modellers to unravel the intricacies of flood catastrophe models. You’ll gain insight into model development techniques, critical data inputs, and perspectives from both developers and end-users.

Interest in this topic? Find out how Fathom helps underwriters to make underwriting decision with confidence.

We’ll cover:

• What are the essential components of catastrophe modelling?
• How do key uncertainties and considerations in model building affect results?
• Why is it vital for end-users to grasp these impacts?
• How can you choose the model that best fits your needs?

Panel:

• Caroline Fox, Senior Catastrophe Management Professional, Global Analytics and Advisory, Guy Carpenter
• Tom Philp, Chief Executive Officer, Maximum Information
• Dr. Oliver Wing, Chief Scientific Officer, Fathom