Dr. Christopher Sampson & Dr. Andrew Smith: Fathom: Flood modelling goes global (231)

We’re covering two main themes here - building a business that survives and thrives after ten years - and assessing the growing risk from a flood.

We’ve been working closely with Fathom for many years.

In Matthew Grant’s discussion with the co-founders of Fathom, you’ll discover topics such as:

• The advantages of building a business with close links to a university
• How increases in the resolution of data and increased computing power have fundamentally changed flood modelling in 10 years
• Why and when co-founders should bring in an external CEO
• Why insurers are better at understanding risk than many other industries
• How to represent uncertainty in decision making
• River gauges and aerial images - creating credible data sources to plug the information gaps
• Working with partners such as Reask

If you enjoyed this, we recommend Episode 220 for more information about Fathom, Reask and climate assessment.

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Continuing Professional Development - Learning Objectives

InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast or reading the accompanying transcript, you can claim up to 0.5 hours towards the CII member CPD scheme.

By the end of this podcast, you should be able to meet the following Learning Objectives:

• Describe some of the advances in data and analytics that are enabling the development of global flood models
• Identify when co-founders should consider bringing in a CEO
• Summarise how insurers compare to other industries in assessing risk

If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 231 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast.

To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.