Fathom is a flood modeling company based in Bristol, UK. They were recently acquired by reinsurance heavyweight Swiss RE. Hence they are a welcome addition to the list of publicly traded companies profiled on this podcast.
Gavin Lewis, Head of Engineering, delivered an inspiring message about this scientific organisation. It is incredibly topical given the two dramatic hurricanes in the US last 2 months, Helene and Milton.
We are facing a barrage of messages from nature that the service Fathom provides will help us become resilient to a situation of our own making. We also have a follow on episode to the topics raised in our episode with Spatial Risk Systems:
The accompanying Substack post:
…illustrates the consequences for insurance companies that do not properly size natural catastrophe risk. This makes it straightforward to understand why Swiss RE bought Fathom. It will be interesting to continue to observe the acquisition trend in this space amongst competitor insurance companies.
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