Assess · Improve · Verify · Document · Renew
Water-loss readiness for renewal and risk review.
Fathom helps brokers, insurance partners, mortgage/capital partners, and property portfolios assess water-loss readiness, close practical gaps, verify completed controls, and issue Readiness Records used to support renewal, lending, acquisition, and risk review.
Built to support renewal, lending, and risk review conversations
Evidence tray1/5
- PDFInsurance binder, Harbor PointDOC-04
- PDFShutoff plan, Bldg A, level 1DOC-07
- JPGHose-bib backflow, S elevationDOC-12
- PDFVendor coverage, RotoRooterDOC-18
- JPGMain shutoff tag, utility roomDOC-23
Bindings
- T1Shutoff plan, Bldg A documentedDOC-07 p.2 §A1
- T2Hose-bib backflow presentDOC-12
- T3Main shutoff tagged & photographedDOC-23
- T4Vendor coverage 24/7 confirmedDOC-18 §3
- T6Insurance binder on fileDOC-04 p.4
Awaiting evidence
Illustrative, actual records are minted by trained assessors
What Fathom Does
Assess. Improve. Verify. Document. Renew.
Review the property against the Fathom Water protocol across eight control tiers.
Identify practical control-gap priorities, shutoffs, access, documentation, vendor coverage, escalation paths, before review.
Confirm completed controls and evidence references through a structured reassessment path.
Issue a Readiness Record with WaterScore, verified controls, open gaps, evidence references, and methodology.
Refresh the record annually or after material property or control changes.
Reviewer paths
Reviewed for different decisions.
Insurance & Brokers
Review verified controls, open gaps, evidence references, and renewal posture before coverage, renewal, or risk conversations.
Review pathLenders & Capital Partners
Review property-level water readiness, documentation quality, and open gaps before acquisition, refinancing, watchlist, or asset-management review.
Review pathMarket context
Why readiness needs a record.
Water-loss exposure is rising, but review files still depend on scattered notes, inconsistent documentation, and incomplete evidence. Fathom turns readiness work into a structured record that can be reviewed, verified, and renewed.
YoY deductible change · multifamily · 2023→24
412%
Carriers are transferring water-loss risk back to owners through deductible structure, outpacing premium growth in the most recent cycle.
Source: Federal Reserve Bank of Minneapolis, 2025 → /sources
75%+
Real-terms rise in multifamily property insurance premiums, 2019–2024.
Federal Reserve Bank of Dallas · 2026
70.2%
Of apartment firms name water damage their #1 reported claim type.
NMHC / Multifamily Dive · 2023
>50%
Share of post-2020 operating-expense inflation that some multifamily operators attribute to property insurance alone.
Federal Reserve Bank of Minneapolis · 2025
Full methodology, study populations, and citations → /sources
How it works
From assessment to documented readiness.
01
Assess
We review the property against the Fathom Water protocol and document control readiness across eight tiers.
02
Improve
Operators close practical control gaps, shutoffs, access, documentation, vendor coverage, escalation paths.
03
Verify
Completed controls and evidence references are confirmed through a structured reassessment path.
04
Document
Findings are issued as a Readiness Record with WaterScore, verified controls, open gaps, and methodology.
05
Renew
Records are refreshed annually or after material property or control changes.
The artifact
The output is the asset.
Fathom assessments do not end as loose notes or a generic checklist. Each completed assessment produces a Readiness Record: a structured, shareable file showing WaterScore, verified controls, open gaps, evidence references, and renewal posture.
Harbor Point Apartments
1248 Lakefront Avenue, Cleveland, OH
Sample · fictional property and findings
Who reviews the record
Built to be reviewed.
A Readiness Record is a structured artifact. Different stakeholders read it for different reasons.
Owners / Operators
Identify readiness gaps before loss events and document remediation.
Lenders
Review documented property-level controls during diligence and renewal.
Insurers / Brokers
Support coverage, renewal, and risk conversations with structured, third-party readiness evidence.
Response Partners
Understand documented control posture, shutoff locations, and access before arriving on site.
Fathom documents readiness and supports better review. It does not represent insurance coverage, premium outcomes, lending decisions, or claim results.
Frequently asked
What reviewers ask first.
Plain answers about what Fathom is, what a Readiness Record represents, and what it does not represent.
01Is Fathom an insurance product?+
No. Fathom is an independent third-party readiness review platform. We do not underwrite, bind, sell, or place insurance.
02What does a Readiness Record represent?+
It documents the property's water-loss readiness, assessed controls, open gaps, evidence references, WaterScore, and renewal posture. Coverage, pricing, lending, and claim decisions remain with carriers, brokers, and lenders.
03What happens if an asset has open gaps?+
Open gaps are listed transparently on the record with tier-level status. Operators can plan remediation, evidence the work, and request re-verification.
04Is this a replacement for engineering, plumbing, or environmental inspections?+
No. Fathom assesses readiness against the Fathom Water protocol. Licensed engineering, plumbing, and environmental work remains the responsibility of qualified professionals.
05Who can view a Readiness Record?+
Internal records are restricted to the asset’s assessors and authorized stakeholders. The asset owner can choose to share a read-only public record link with selected reviewers.
06How often should a record be renewed?+
Renewal cadence depends on asset profile and reviewer expectations. Many portfolios refresh annually or at lender, insurance, or acquisition milestones.
07Does Fathom monitor properties or respond to losses?+
Not in v1. Fathom documents whether the property has a response-ready posture, shutoff locations, access, vendor coverage, escalation paths. Continuous monitoring and dispatch are not part of the current offering.
Next
From risk awareness to risk control.
Contact
Request a Portfolio Assessment.
Portfolio and trigger. We reply with scope and fit.