About

One Concern provides a data platform that helps businesses in the financial services, insurance, and real estate sectors understand and manage risks related to climate challenges. The platform measures hidden physical risks, allowing clients to make informed financial decisions by providing a consistent metric for evaluating properties, companies, and sectors. Unlike traditional risk management methods, which often underestimate risks, One Concern uses artificial intelligence and deep catastrophe modeling to create a 'digital twin' of the physical world, revealing potential disruptions such as power outages and supply chain issues. This technology helps clients identify uninsured losses and opportunities, ultimately enabling them to price their products and services more accurately. The goal of One Concern is to empower businesses to navigate climate uncertainties effectively, potentially saving them money and improving their resilience.

Simplify's Take

What believers are saying

• Growing demand for climate resilience solutions boosts One Concern's market potential.
• Partnerships with academic institutions enhance data accuracy and credibility.
• Rising interest in ESG metrics aligns with One Concern's offerings.

What critics are saying

• Increased competition from new entrants challenges One Concern's market position.
• Regulatory hurdles may affect the partnership with WTW in the U.S. market.
• Technical challenges may delay the deployment of the flood model in Japan.

What makes One Concern unique

• One Concern uses AI to create a 'digital twin' for risk management.
• The company offers a consistent metric for evaluating physical climate risks.
• One Concern's platform helps clients quantify and manage hidden physical risks.

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