Tag: resilience

Blog  •  July 25, 2023

Insurers Finally Have a Tool for Capturing Business Interruption Risk

MENLO PARK, CALIF. (July 25, 2023) – Recent natural disasters have and will continue to expose commercial property (re)insurers to significant business interruption (BI) losses. Previously, commercial property (re)insurers priced business interruption risk solely as a function of physical damage to the insured property. Now, for the first time ever,…

Blog  •  July 21, 2023

One Concern Fills Critical Gap in Property Valuation Models: Impacts of Downtime on Cash Flow

MENLO PARK, CALIF. (July 14, 2023) — Traditional real-estate valuation methods, such as discounted cash flow (DCF) models, do not adequately account for costs associated with catastrophic events and their impact on a property’s net operating income (NOI) over a given time horizon. These DCF models, designed to predict likely…

News  •  April 6, 2021

One Concern’s Technical Working Group Advises Technology Platform Approach to Building Resilience Against Earthquakes and Flooding

One Concern’s Technical Working Group Advises Technology Platform Approach to Building Resilience Against Earthquakes and Flooding Leading Group of Climate Experts Provides Scientific Expertise to Improve Climate Threat AI/ML Solutions and Probabilistic Modeling   MENLO PARK, Calif., April 6, 2021 — One Concern, Inc., today announced its independent Technical Working…

News  •  November 29, 2020

One Concern’s Integrated Resilience Platform Wins Advanced Technology Award in the AI Category of the 2020 ASPIC IoT-AI-Cloud Awards

TOKYO, JAPAN (November 30, 2020) One Concern, Inc. today announced its disaster science platform received the Advanced Technology Prize in the AI category of the 2020 ASPIC IoT-AI-Cloud Awards. The Advanced Technology Prize was awarded by ASP-SaaS-IoT Cloud Consortium (ASPIC), a Japan-based non-profit industry organization focused on promoting ASP-SaaS-Cloud computing technologies…

Blog  •  November 9, 2020

COVID-19 uncovered our blindspots — here’s how we’re addressing them.