Hurricane Ian 2022 – Putting our Digital Twin to the Test

In a single day, Hurricane Ian became one of the most expensive storms in American history, estimated to have caused over $67 billion in insured damages alone (and extensive uninsured damages). Even a month after the storm, communities across Florida and beyond are only beginning to rebuild and reopen businesses.

Increasing Resilience Across the Real Estate Life Cycle

Hurricane Ian has devastated Florida’s Gulf coast. The total damages resulting from prolonged power outages and infrastructure failures in the Fort Myers area and across Florida will likely vastly exceed the cost of property destroyed by the wind or the flooding itself; losses from the storm are expected to be…

Expanding the Reach of Our Digital Twin Technology to Japan

By Ahmad Wani, CEO & Co-Founder, One Concern
Our mission of making disasters less disastrous means fostering resilience in as many locations across the globe as we can, especially in those areas that are most vulnerable to hazards. Although Japan makes up only 0.28% of the world’s land area, it…

One Concern Launches Digital Twin in Japan to Build Climate Resilience

MENLO PARK, CALIF. (October 4, 2022) — One Concern, a resilience analytics technology company, launched today two new products in Japan, One Concern DNA™ and One Concern Domino™, to help companies and organizations adapt to the escalating threats related to natural disasters, climate change, and extreme events to build climate…

Disaster-Proofing by Decarbonization: Linking Physical Climate Risk to Transition Risk

Monday, September 19th marked the beginning of UN Climate Week. This year, we confront the climate crisis with greater urgency than ever before, as companies race to meet their decarbonization targets, struggle to comply with new disclosure requirements, and contend with financial losses from extreme weather events. The UN Intergovernmental…

Increasing Resilience in Japan with One Concern Ready

Japan’s rainy season typically brings torrential rains and flooding across the country, inundating cities with previously unpredictable water levels. With the most recent release of our One Concern Ready™ product, we are now supporting six additional municipalities – Okazaki, Okayama, etc. – in addition to Kumamoto City, Japan, in an…

Minimizing Mortgage Default Risk with Climate-Resilient Banking

By Oleg Blokhin
As inflation eats away at margins and interest rates rise, borrowers will look for cheaper financing. To stay competitive, banks will need better ways to determine which properties are truly at the greatest risk of default on their mortgages and charge them accordingly. Climate change brings more…

Pricing Climate Change Through Downtime: Q&A with Dr. Jeffrey Bohn, Chief Strategy Officer

Storms, floods, and other dangerous weather events are increasing in frequency and intensity, impacting business operations and increasing financial risk. There have been 285 climate-related disasters in the United States since 1980. The cost of these disasters amounts to almost $2 trillion. In 2020 alone, the U.S. weathered 22 billion-dollar…

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,…

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…