One Concern

One Concern

Data platform for climate risk management

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 overlook critical factors, 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 enables clients to identify uninsured losses and opportunities, ultimately helping them save money and improve their operations. The goal of One Concern is to transform how businesses approach risk management in the face of climate uncertainties.

Company Stage

N/A

Employees

11-50

Industries

Data & Analytics, AI & Machine Learning, Financial Services, Real Estate

Total Funding

$115.9M

Headquarters

N/A

Founded

2016


Simplify Jobs

Simplify's Take

What believers are saying

  • The launch of new products like One Concern Domino and One Concern DNA demonstrates the company's commitment to innovation and expanding its service offerings.
  • Strategic alliances, such as the partnership with WTW, can significantly enhance market penetration and client trust.
  • The appointment of experienced executives like Nnenna Nnoli and Sean Rider strengthens the leadership team, potentially driving better financial planning and revenue growth.

What critics are saying

  • The complexity of integrating AI and catastrophe modeling into traditional risk management practices may pose adoption challenges.
  • The competitive landscape in climate resilience and risk management is growing, requiring continuous innovation to stay ahead.

What makes One Concern unique

  • One Concern leverages AI and deep catastrophe modeling to create a 'digital twin' of the physical world, offering a more precise risk assessment than traditional methods.
  • The company's focus on climate resilience and infrastructure downtime provides a unique value proposition for global corporates facing business disruption.
  • Strategic partnerships, such as with WTW, enhance One Concern's credibility and reach in the insurance market.

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Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-23%

2 year growth

-72%

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