Tag: Tractable

Tractable will deploy its AI technology into Japanese insurance giant MS&AD to help it accelerate its auto claims processes, as part of a new deal.

While Covid-19 has caused InsurTech investment to plummet, the market will see both short-term and long-term winners.

Admiral Seguros has allegedly become the first insurer in Spain to use artificial intelligence to assess vehicle damage, thanks to a new partnership with InsurTech startup Tractable.

Currently business is not normal, but it might be fostering the rapid development of artificial intelligence (AI) technology.

The digitalisation efforts the insurance industry is seeing as a result of the coronavirus pandemic is not new, it’s just accelerating an existing trend, according to a recent webinar.

Tractable will deploy its AI solution to help Japan’s property and casualty insurance firm Tokio Marine improve auto claims, through a new partnership.

The coronavirus pandemic has exposed a lot of problems with the way we do business. However, one of the biggest takeaways from the incident is the consumer’s desire for claims to be digital and touchless, according to a recent Insurance Nexus by Reuters Events Webinar.

Having already backed InsurTech startup Tractable, Zetta Venture Partners is looking for more AI-powered ventures to support with its new $180m fund.

Tractable, which develops AI solutions for accident and disaster recovery, has collected $25m in its Series C round which was led by Georgian Partners.

Tractable is able to automatically assert auto claims for insurers by leveraging deep machine learning on pictures. Tractable’s technology gives the old adage that a...