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Fathom

Global flood and climate risk intelligence for the insurance industry

Reinsurance Technology Established Acquired
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Overview

Fathom is a catastrophe modeling and climate risk data platform focused on water perils, serving reinsurers, carriers, brokers, and financial institutions worldwide. Founded in 2013 as a University of Bristol spin-out, the company provides global flood risk mapping, CAT modeling, and climate scenario analytics that support insurance underwriting, portfolio management, and regulatory disclosure. Swiss Re acquired Fathom in December 2023, integrating its technology into the reinsurer's internal CAT modeling operations.

The platform delivers inundation models at 30-meter resolution, flood hazard assessments across multiple climate scenarios, and financial loss modeling extending to 2100. Products are accessible via RESTful API and integrate with major insurance core systems. The company's methodology emphasizes scientific transparency, drawing on hydrological research developed at the University of Bristol.

Fathom serves over 100 organizations across insurance, engineering, financial markets, and international development. Notable users include the World Bank, the Bank of England, AXA, Canopius, and Aon. The 2023 Swiss Re acquisition validated the platform's enterprise positioning and accelerated distribution to the global reinsurance market.

Products & Services

Global Flood Cat

A catastrophe model covering all major flood perils globally, designed for rapid exposure analysis and portfolio risk assessment in insurance underwriting.

Key Features

  • Global coverage of flood, storm surge, and pluvial perils
  • Financial loss modeling for insurance portfolio assessment
  • Rapid exposure analysis for individual risk and portfolio-level decisions

Target Users: Reinsurers, CAT modelers, P&C and specialty carriers

Global Flood Maps

Flood hazard mapping products available for multiple regions with global expansion, generating risk scores for any location under various climate scenarios.

Key Features

  • 30-meter resolution inundation models for flood hazard assessment
  • Risk scores for individual locations under current and future climate scenarios
  • Coverage for US, UK, Japan, and other major markets

Target Users: Underwriters, brokers, risk managers, asset managers

FathomDEM+

Advanced digital elevation model using hybrid vision transformer technology for high-fidelity terrain representation supporting hydrological modeling.

Key Features

  • Vision transformer-based terrain analysis
  • High-accuracy elevation data for flood simulation
  • Supports complex hydrological modeling workflows

Target Users: Engineering firms, CAT modelers, geospatial analysts

Event Response

Rapid assessment tools for climate disaster response, enabling quick impact analysis during and after major flood events.

Key Features

  • Near-real-time flood impact assessment
  • Post-event exposure quantification
  • Supports claims triage and emergency response planning

Target Users: Reinsurers, carriers, emergency management teams

Climate Risk Data & Analytics

Climate scenario modeling extending analysis to 2100, supporting portfolio risk assessment, financial due diligence, and regulatory climate disclosure.

Key Features

  • Multi-decade climate scenario projections to 2100
  • Regulatory-ready reporting for climate disclosure requirements
  • Portfolio-level financial risk quantification under climate stress scenarios

Target Users: Carriers, reinsurers, asset managers, banks

At a Glance

Founded
2013
Headquarters
Bristol, United Kingdom
Employees
51-200
Funding
Acquired

Category & Focus

Category
Reinsurance Technology
Subcategories
CAT Modeling Climate Risk Analytics Flood Risk Data Exposure Management
Insurance Verticals
P&C Commercial Specialty/E&S Reinsurance
Target Customers
Carriers, Brokers, Reinsurers

Customers

  • Swiss Re (parent company)
  • World Bank
  • Bank of England
  • AXA
  • Canopius
  • Aon

Last updated: 2026-05-12