Fathom

Quantify financial risk with Fathom’s Global Flood Cat — the first truly global catastrophe model that considers both inland and coastal flood perils. The launch of this global flood catastrophe model marks a significant milestone in Fathom’s journey and achieves a vision that began nearly 11 years ago when our company was founded. We’re really excited about this evolution in our product stack, but why should Global Flood Cat matter to you? — Truly global, multi-peril. — Comprehensive damage uncertainty. More accurate quantifications of risk. — Disaggregation: More than just residential. — Fully customizable. Own your view of risk. Want to know more? Visit our product page to explore how Global Flood Cat can transform how you quantify and mitigate flood risk: https://hubs.ly/Q02RPRyC0 #FloodRisk #CatModeling #FinancialRisk #ClimateResilience #catastrophemodels

Managing the complexities of exposure management in a worsening climate presents a critical challenge for (re)insurance organizations. A recent report written by open-source catastrophe modelling platform and our trusted partner, Oasis Loss Modelling Framework Ltd., addresses these challenges head-on. By bringing together leading experts, this report provides an essential resource for industry decision-makers. This report offers insights into: - Key issues in catastrophe modelling - The role and function of an exposure management team - The challenges of risk models in a commercial environment - Managing climate change exposure Follow this link to read the full report: https://hubs.ly/Q0309nyM0

We’re proud to announce a new collaboration with leading professional services firm Aon, which sees its Climate Risk Monitor solution enhanced by the addition of our Fathom’s high-resolution global flood risk data. Liz Henderson, Global Head of Climate Risk Advisory at Aon explains “The dynamics of the flood peril are particularly sensitive to climate change, which raises growing concerns around global insurability and protection gaps, highlighted by the significant flood events of 2024. Our collaboration with Fathom will help to further enhance the value Climate Risk Monitor brings to clients, not just around physical risk management but also shaping better decisions on human capital in the areas of health, resource allocation and investment.” Learn more about our appointment: https://lnkd.in/gYA9uGus

Join our webinar on January 29 as our panelists examine the key findings from our latest report, The climate challenge for boards: Perspectives from the financial sector. This webinar will explore key findings from the report and the multi-dimensionality of climate risk—including environmental, regulatory, and business risks. Our industry leaders will then discuss solutionable actions for these challenges. Date: January 29, 2025 Time: 10:00 ET | 15:00 CET | 16:00 BST Key topics include: - Knowledge gaps that exist at board level - Legal and regulatory landscape - Climate risk and corporate responsibility - The role of data and technology in managing climate risk Meet your speakers: - Karena Vaughan, CSO and Head of ESG at Fathom - Simon Osborn, CEO at IFI GLOBAL LTD - Andrew Eil, Principle at Andrew Eil, Consultant - Gillian Mollod, Senior Manager, Research & Development at ICE Climate Register for the webinar here - https://hubs.ly/Q03011-v0

Accessing accurate information about the financial risk of multiple locations is crucial for managing a successful portfolio. In a year plagued by extreme flood events, the need for comprehensive and customizable flood catastrophe modeling has become even more evident. Learn more about our Global Flood Cat solution: https://lnkd.in/eTQhzFjk

What happens when AI meets flood risk modeling? A team at Massachusetts Institute of Technology recently used generative AI with Fathom's flood data to visualize future flood events. The results? Pure AI on its own “hallucinates” floods—placing them in implausible locations. In short, it doesn’t work. But when constrained with physically based models like Fathom’s, AI performs much better, producing realistic and meaningful results. The key takeaway? AI isn’t here to replace physical models; it’s here to enhance them. https://lnkd.in/efThGD56 #FloodRisk #AI #ClimateTech #floodmodels #MIT #futureflood

This week, a handful of Fathomers traveled across the pond to Washington DC, to answer a pretty big question at AGU 2024: ‘what’s next for science?’ From posters on continental scale river routing to presenting the test case results of NASA’s SWOT mission, and even a discussion of the recently launched commentary on ‘why flooding is not like filling a bath’, the team has had a rather busy agenda. Learn more about Fathom’s research-led approach: https://lnkd.in/erXCc2va Check out their abstracts on the AGU website: https://lnkd.in/e6mk5NxG Professor Paul Bates CBE FRS, Stephen Chuter, Oliver Pollard, Chris Lucas Jorge Sebastián M., Oliver Wing

How did we build Global Flood Cat - the first truly global flood catastrophe model covering all major flood perils? At its core, Global Flood Cat sits on a robust framework that draws on a wealth of detailed input data. Illustrated in the tiles below. Learn more about Fathom’s Global Flood Cat and catch up with the product briefing on our site. https://lnkd.in/eTQhzFjk  #catmodel #catastrophemodeling #natcat

As extreme weather events become more severe and frequent due to climate change, the risk to critical infrastructure assets increases. But how do you assess flood risk consistently across a nation’s infrastructure network, when the open source data for each country has different modeling methodologies and available datasets? This was the challenge faced by Network Rail who own, operate and develop the railway infrastructure of England, Scotland and Wales, when tasked to address the growing risk to assets and build more climate resilience into the network. In collaboration with Arup and Jacobs, discover how Fathom’s climate-conditioned data provided the consistent and detailed view of risk that was crucial to Network Rail’s climate adaptation strategy. 🔗 https://lnkd.in/eAASXytF #infrastructure #resilience #floodrisk

Flooding is not like filling a bath… A new commentary led by UC Irvine's Dr Brett Sanders and co-authored by our Chief Scientific Officer Dr Oliver Wing Wing and Chairman Professor Paul Bates CBE FRS (also of University of Bristol) examines the critical flaws in traditional “bathtub” modeling for flood risk assessment. Bathtub models simplify flooding by assuming water rises uniformly over land – like filling a bath – ignoring key dynamics such as drainage, flow paths, and the physics of water movement. While often cited, these models fail to accurately represent real-world flood risk, leading to distorted predictions and undermining effective adaptation strategies. At Fathom, we leverage dynamical models, backed by robust scientific testing, to deliver reliable flood risk intelligence that adheres to physical laws and provides decision-makers with dependable insights. Read more about why we believe its time to 'pull the plug' on bathtub modeling: https://lnkd.in/epad_Zf2 #ClimateRisk #FloodModeling #FathomResearch #bathtubmodels