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Showing 1 to 9 of 9 results

Tractable taps former Amazon exec to drive AI development

UK15-07-2022Insurance News, Reinsurance News, Technology News

He has also worked as SVP of Applied Science at UK computer vision unicorn Onfido.

Tractable hits $1bn valuation after latest round

Global, London, UK17-06-2021Insurance News, Reinsurance News, Technology News

Tractable, a London-based technology company developing AI for accident and disaster recovery, has raised $60 million Series D funding at a valuation of $1 billion - becoming the UK’s first computer vision unicorn.

GEICO partners with Tractable on auto claim and repair process

North America26-05-2021Insurance News, Reinsurance News

Tractable’s AI processes over $2 billion a year in vehicle repairs and purchases.

Tractable taps former Microsoft CFO to scale up in North America

North America05-03-2021Insurance News, Reinsurance News

The AI-driven firm is exploring further traction with North American insurers.

The Hartford to use AI for motor claims in partnership with Tractable

North America28-01-2021Insurance News, Reinsurance News, Technology News

Tractable's AI solution is designed to streamline motor claims handling and accelerate accident recovery.

MS&AD to apply AI to motor claims in partnership with Tractable

Asia Pacific, Japan, London, UK30-10-2020Insurance News, Reinsurance News, Technology News

The Japanese insurer will deploy Tractable’s AI across Mitsui Sumitomo and Aioi Nissay to accelerate its claims process.

Tractable raises $25m in Series C investment round, led by Georgian Partners

Asia Pacific, Europe, North America, UK27-02-2020Insurance News, Reinsurance News, Technology News

The investment will help to further scale AI for accident and disaster recovery.

Insurers embrace Artificial Intelligence triggering fear amid staff

Europe, North America13-04-2017Insurance News, Reinsurance News

Insurers are using artificial intelligence (AI) for example to increase efficiency in the claims process raising potentially unjustified fear among staff of being made redundant, executives noted during a roundtable organised by Intelligent Insurer.

Artificial Intelligence start-up launches motor claims product in Europe following North America deal

Europe, North America, UK31-01-2017Insurance News

Tractable, a London-based start-up offering an automated audit claims product, is now launching in Europe, following a partnership with North America.

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