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Insurers need advanced analytics for resilience or they dramatically underestimate their losses, new research shows

By Sean Rider, Chief Revenue Officer
In a new report by the French technology consultancy Capgemini, insurance customers placed climate change among their top concerns—second only to the Covid pandemic. As a result, insured losses were 3.6 times higher in 2021 than in 1990. Amid recent flooding of Yellowstone Park,…
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One Concern and Veolia Join Forces to Foster Climate Resilience in the Water Sector in Japan

One Concern and Veolia sign a three-year partnership that uses digital twin technology to increase resilience strategy in the water sector through risk analysis and simulation
MENLO PARK, CALIF. (June 29, 2022) — One Concern, a climate analytics company, and Veolia, the global champion of ecological transformation, announced today a…
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One Concern Comments on SEC Proposed Rule on Climate Disclosure

Our complete submitted comments on the SEC Draft rule are available below.
One Concern Comments on SEC Draft Rule

One Concern Partners with WTW to Bring Climate Resilience Scores to the U.S. Insurance Market

MENLO PARK, CALIF. (June 16, 2022) — Today, One Concern, a climate analytics company, announced a strategic alliance with WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company. The two companies are providing the U.S. insurance market with One Concern Resilience Score™ (1CRX™) to facilitate a better understanding of…
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Barron’s Op Ed: Without Climate Disclosure, Investors Are Flying Blind

It only takes one major climate-fueled disaster to crash a business, or even the whole economy. Climate change threatens every industry, affecting every sector. However, it manifests differently in each one. One study predicts that in 2022, floods will cause $13.5 billion in commercial structural damage, along with another $26 billion in…
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SEC Climate Disclosure: What You Need to Know About Physical Climate Risk

By Ahmad Wani, CEO & Co-Founder
Overview Until the end of the year, public corporations won’t know for certain the Securities and Exchange Commission’s (SEC) final rule on climate risk disclosure. However, the draft rule likely won’t deviate much from the SEC’s original intent and is likely to follow the…
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Former JP Morgan Executive, Nnenna Nnoli, Joins One Concern as CFO

MENLO PARK, CALIF. (May 16, 2022) — Today, One Concern, a climate resilience technology company, announced the appointment of Nnenna Nnoli as Chief Financial Officer. Nnoli is an experienced finance executive in the banking and technology sectors.
“Who will help…
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One Concern and Zurich North America Collaborate on Solutions to Minimize Climate-Related Impacts

One Concern is selected as one of 12 global winners among 2,600 companies. One Concern enters Zurich Innovation Championship Accelerator phase to enhance risk selection and pricing insights with digital twin technology. Menlo Park, CA, May 4, 2022 – One Concern, a climate resilience technology company, is one of the…
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IPCC Report Says Climate Change is Here: We Need to Adapt to Build Resilience

By Dr. Jeffrey Bohn, Chief Strategy Officer
The UN’s Intergovernmental Panel on Climate Change (IPCC) recently released its Climate Change 2022: Impacts, Adaptation & Vulnerability report, detailing the international scientific community’s climate analysis. This new report conveys the urgency we need to adapt to climate change, moving beyond mitigation to…
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ICYMI: Everything you need to know about our climate resilience panel at SXSW

At this year’s conference, we presented our insights on Visualizing the Resilience Divide, exploring how disasters differently impact people in the same community. To illustrate this point, we showcased partner research by the city of Seattle, which found that different types of earthquakes produce outsized impacts on different populations. For…
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