Insurance

Rapidly analyse and price exposures across
the world with Fathom’s insurance
risk models

Make flood risk decisions driven by data, backed by scientists.

Fathom is proud to be open and honest about the methodologies that we use to build our flood hazard data and catastrophe models. With autonomy over every aspect of our product development, we can work flexibly with the insurance sector to support them in accurately understanding flood risk.

Our models incorporate decades of peer-reviewed research and science, further underpinned by the unique technological developments pioneered at Fathom. Our clients in the insurance sector have a significant advantage over their competitors owing to the quality of data that our team of world-leading scientists have produced.

Features include:

01

Location level assessments

By deploying high-quality terrain data at granular spatial resolutions, our models for the UK and US can produce locally-relevant flood risk assessments.

02

Vulnerability functions

The unique damageability of every type of building you insure is represented by our comprehensive database of vulnerability functions.

03

Alternative living expenses & business interuption

Understand not only direct flood damages to an asset but also the indirect costs of evacuation, accommodation and disruption to a business.

04

Future flood risk

Fathom’s climate-conditioned models are built using the latest regional climate projections. This enables you to understand the long-term risk of your portfolios, and also make smarter decisions about investment and risk selection going forwards.

Climate Biennial Exploratory Scenarios
Practical Application
Parametric Insurance
Practical Application

Model features

01

Multi-peril flood data

Fathom’s insurance products calculate combined pluvial, fluvial and coastal flood risk.

02

Event sets

Understand your risk using catastrophe models that contain thousands of synthetic years of plausible flood events.

03

Climate data

Factor future flood risk into your insurance decisions with models that utilise the latest climate data, rather than relying solely on historical records. Our models for the UK and Japan are built using the latest regional climate data: UKCP18 and D4PDF, under a variety of emissions scenarios so that our models can be tailored to your risk appetite.

04

Exposure data

Flood hazard data alone does not tell you anything about flood risk: you need to know when flood hazard collides with people, buildings, and businesses. Fathom has spent many years working with the latest exposure data, including AI-generated population datasets from high-resolution satellite imagery. These data enable us to undertake robust exposure modelling, even in the most data-scarce regions of the world.

Paul McEwan Sompo International Global Risk Analytics Director

Quote Fathom provided a first-rate product and service based upon cutting-edge research and methodologies, which are both robust and transparent. Their flood data sets are global, consistent and high calibre. Most importantly, Fathom-Global is a responsive and collaborative firm who consistently deliver.

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Marek Shafer Canopius Head of Catastrophe Management

Quote Fathom is an innovative and dynamic organisation at the forefront of flood risk research. They offer a range of specialist modelling tools and use a clear and impressive methodology.

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Chris Ewing Aon Impact Forecasting Head of Client Management

Quote Aon and Impact Forecasting can now more holistically approach clients’ flood risk management and quantification needs thanks to our collaboration with Fathom.

Power through partnerships

Nasdaq is a global technology company serving the capital markets and other industries. Nasdaq Risk Modelling for Catastrophes is the first independent multi-vendor catastrophe risk modelling platform for the re/insurance industry.
A not-for profit founded in 2012 with the goal to open up the world of catastrophe modelling. It is collectively owned by leading insurers, reinsurers brokers and financial institutions.
Global Parametrics is a unique public-private partnership addressing the barriers to effective financial disaster risk management through parametric solutions. We target markets where the opportunity for impact is greatest, making vulnerable communities in emerging economies a clear priority.
Aon’s catastrophe model developers, Impact Forecasting, enable firms to analyse the financial implications of catastrophic events and achieve a greater understanding of their risks.
Chaucer is a leading international specialty insurance and reinsurance group.
Vave is a leading algorithmic underwriting MGA with a fresh approach to high-volume risk.
Nasdaq is a global technology company serving the capital markets and other industries. Nasdaq Risk Modelling for Catastrophes is the first independent multi-vendor catastrophe risk modelling platform for the re/insurance industry.
A not-for profit founded in 2012 with the goal to open up the world of catastrophe modelling. It is collectively owned by leading insurers, reinsurers brokers and financial institutions.
Global Parametrics is a unique public-private partnership addressing the barriers to effective financial disaster risk management through parametric solutions. We target markets where the opportunity for impact is greatest, making vulnerable communities in emerging economies a clear priority.
Aon’s catastrophe model developers, Impact Forecasting, enable firms to analyse the financial implications of catastrophic events and achieve a greater understanding of their risks.
Chaucer is a leading international specialty insurance and reinsurance group.
Vave is a leading algorithmic underwriting MGA with a fresh approach to high-volume risk.

Contact us Get in touch to learn more about how our products offer flood risk intelligence to the insurance sector.