Aon partners with Fathom

Aon announced a collaboration with Swiss Re subsidiary Fathom, a provider of water risk intelligence and flood models, to enhance its Climate Risk Monitor solution.

Aon’s Climate Risk Monitor, launched in March this year, allows clients to visualize and analyze their operational exposures to physical climate risk to drive better risk management decisions. The new collaboration with Fathom utilizes high resolution data to bolster Climate Risk Monitor’s functionality across flash flooding, river flooding, coastal flooding and rising sea levels. As a result, Aon clients can now use the solution to assess U.S., UK and Japan flood risk at a resolution of 10 square meters, and 30 square meters for other regions globally.

“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.” – Liz Henderson, global head of Climate Risk Advisory for Aon.

“Building on the success of our previous collaborations with Aon, it’s great to once again join forces to see Fathom’s high-resolution flood risk data integrated into Climate Risk Monitor. Armed with our flood risk intelligence, Aon’s clients can assess and manage their flood risk exposure for anywhere in the world, strengthening the creation of robust risk strategies in an era of increasing climate volatility.” – Harry Vardigans, head of insurance at Fathom.