Introduction Fathom-UK CAT has been built in tandem with Fathom’s flood hazard data for the UK. The probabilistic model uniquely characterises the relationship between flood depth and damage in a variety of contexts. This includes the differentiation of damage in residential and non-residential buildings.

Product key features

01

10,000 years of flooding – Fathom-UK CAT represents a set of over 170,000 synthetic flood events spanning 10 millennia.

02

100% river channels – All river channels are modelled within a >50km² catchment area.

03

Fluvial, pluvial & coastal – Our UK catastrophe model has the ability to capture the unique impacts of varying perils, including storm surge and high tides.

04

Alternative Living Expenses (ALE) – The indirect costs of evacuation, accommodation, and other expenses are explicitly modelled.

05

>10,000 Unique Damage Functions – Based on relevant combinations of building, peril and coverage characteristics.

06

Climate change – 3 time horizons for present day, 2030 and 2050.

Fathom launches climate-conditioned CAT model for the UK.

Fathom-UK CAT enables:

  • Complete representation of UK flood defences.
  • Loss calculations derived for both high-frequency and low-frequency events.
  • A consistent view of risk across the whole UK.
  • Realistic loss simulation.
  • Long and short duration flood damage differentiation.
  • Accurate determination of damages based on a property’s characteristics.
  • Generalisation of property characteristics in the absence of precise data.

Fathom-UK CAT can be accessed on:

Nasdaq

Nasdaq’s Risk Modelling for Catastrophes is the first independent multi-vendor catastrophe risk modelling platform for the re/insurance industry.

Xceedance

A global provider of strategic operations support, including consultancy, managed services, data sciences, and technology across the entire insurance lifecycle.