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Partnership between Correntics and flood risk data provider Fathom delivers high-resolution flood maps to support comprehensive climate risk assessment and mitigation strategies

Integration brings science-led flood risk data into climate risk analytics, helping businesses strengthen resilience and meet evolving regulations.

Correntics and Fathom Partnership Announcement for high resolution flood maps

Correntics, a Swiss climate risk analysis provider that empowers companies to anticipate and mitigate emerging risks from weather and climate extremes, today announces a new partnership with Fathom, the world’s leading provider of flood risk intelligence. Through this collaboration, Correntics' Software-as-a-Service (SaaS) solution will integrate Fathom’s Global Flood Map, enabling businesses' internal risk management in various industries, including agriculture, chemical, logistics, and financial, but also partnering consulting firms to increase the efficiency and accuracy of physical climate risk assessments.

Integration of High-Resolution Flood Risk Data

Fathom’s Global Flood Map provides comprehensive, forward-looking flood risk data that accounts for the impact of any future climate scenario on flooding up to 2100. It covers all major flood perils: pluvial, fluvial, and coastal, and offers users access to the latest advancements in hydrology and climate risk, all based on scientifically validated modeling. By incorporating this intelligence into Correntics’ climate risk analytics platform, clients can now assess flood risk at a more granular level, supporting more informed decision-making and risk management.

Granular Flood Risk Data for Informed Decisions

This partnership is strategically important for Correntics’ existing clients, who are continuously improving and managing their risks. It also opens the floor to new markets in enterprise risk management and regulatory compliance, ultimately giving users access to higher-resolution flood risk data integrated into their climate risk analytics. By working together, the Correntics and Fathom collaboration represents a significant step forward in making flood risk more easily available for risk managers, supporting them in enhancing resilience and meeting evolving regulatory requirements.

«Partnering with Fathom allows us to deliver clients high-resolution, scientifically validated flood risk data, supporting more granular assessments and informed decision-making, while driving continuous improvement in risk management and mitigation.»

«Partnerships like this are critical to one of Fathom’s primary objectives of making scientifically robust, best-in-class flood risk data as accessible as possible. With platforms like Correntics, we can open our data to a wide range of new use cases and industries that traditionally have not had access to this level of intelligence. Together, we’re helping organizations strengthen their resilience to climate change by enabling smarter, data-driven decisions on risk and adaptation.»

About Correntics

Correntics is a Swiss climate risk analysis provider that empowers companies to anticipate and mitigate emerging risks from weather and climate extremes. Their proprietary Software-as-a-Service (SaaS) solution offers businesses unique climate-risk analytics capabilities that strengthen internal risk management in various industries, including agriculture, chemical, logistics, and financial sectors. Additionally, Correntics partners with consulting firms to increase the efficiency and accuracy of physical climate risk assessments required to comply with relevant regulations, such as the Corporate Sustainability Reporting Directive (CSRD).

About Fathom

www.fathom.global

 

Founded in 2013, Fathom gives risk management professionals the most scientifically robust tools and intelligence to understand the climate’s impact on water risk. By publishing cutting-edge peer-reviewed academic research and applying it to real-world challenges, Fathom powers better decision-making for (re)insurance, civil engineering, corporate risk, financial markets, disaster response and government. Fathom’s dedicated team of scientists harness their passion for innovation and the environment to develop rigorous catastrophe models and comprehensive mapping and geospatial data that make a real-world difference to customers and communities worldwide. 

Fathom is now (as of December 2023) part of Swiss Re, one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient.

For Fathom media enquiries contact Fathom’s press team: press@fathom.global.

For media enquiries:
Correntics AG
Bellerivestrasse 18
CH-8008 Zürich

Michael Gloor (CEO), michael.gloor@correntics.com
info@correntics.com

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