CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / Archives for Tractable

Aviva UK Partners with Tractable to Bring AI to Auto Claims

April 27, 2022 By CollisionWeek Editor Leave a Comment

Aviva, one of the largest insurers in the UK, has signed an agreement with Tractable to improve the accuracy and efficiency of UK motor claims by using artificial intelligence (AI). Tractable develops visual AI to aid in the repair of cars and homes by using photos to assess damage enabling the accurate calculation of repair […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, Aviva UK, Tractable, United Kingdom

Mitchell and Tractable to Make AI-Enabled Straight-Through Claims Processing Available to North American Insurers

April 20, 2022 By CollisionWeek Editor

Mitchell, an Enlyte company, demonstrated its end-to-end claims automation solution for attendees of Tractable’s Vision Summit. The solution allows North American carriers to use Mitchell Intelligent Estimating with Tractable AI for straight-through processing in automotive insurance claims, helping to expedite payments and meet consumer expectations for a seamless, digitally driven experience. Mitchell and Tractable recently […]

Filed Under: News Tagged With: Artificial Intelligence, Integrations, Mitchell International, Tractable

Tractable Joins Guidewire PartnerConnect Solution Alliance to Help Insurers Expedite Auto Claims Processes

January 25, 2022 By CollisionWeek Editor

Tractable, the artificial intelligence (AI) company accelerating recovery from accidents and disasters, and Guidewire (NYSE:GWRE) announced that Tractable has joined Guidewire PartnerConnect as a Solution partner. Tractable’s Ready for Guidewire integration will enable Guidewire ClaimCenter users to integrate to its AI Review and AI Estimating solutions that accelerate the visual audit of repair estimates and […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, Guidewire, Integrations, Tractable

MAPFRE Selects Tractable to Apply AI to Auto Claim Adjustment in Brazil

January 10, 2022 By CollisionWeek Editor

MAPFRE, the largest Spanish multinational insurance group in the world, and Tractable, which has developed a market-leading AI-based technology solution to accelerate recovery from accidents and disasters, are collaborating to help MAPFRE customers have their cars repaired more efficiently, with the help of AI. MAPFRE will now apply Tractable’s AI to its auto claims, with […]

Filed Under: News Tagged With: Agreements Signed, Brazil, CESVI Brazil, MAPFRE, South America, Tractable

Root Insurance Selects Tractable AI To Streamline Claims Operations

January 7, 2022 By CollisionWeek Editor

Root Insurance will use artificial intelligence (AI) to streamline and accelerate its claims operations using Tractable’s suite of AI solutions. Root will launch the partnership with the AI Subro solution from Tractable to enable Root to assess and respond to subrogation demands more accurately and efficiently. After testing market solutions head-to-head, Root chose Tractable, which […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, Claims Technology, Root Insurance, Tractable

Tractable Announces New AI-enabled Vehicle Inspection Solution

September 2, 2021 By CollisionWeek Editor

Tractable announced the launch of AI Inspection, a new solution that accurately assesses the external condition of a vehicle’s body within minutes AI Inspection allows anyone with a smartphone to quickly and easily assess a vehicle through a mobile-friendly web-based app, in the time it takes to simply walk once around the car, regardless of […]

Filed Under: News Tagged With: Artificial Intelligence, Tractable

Tractable Launches AI Subrogation Solution for Auto Insurers

July 23, 2021 By CollisionWeek Editor

Tractable announced the launch of AI Subro, a new solution that will help US auto insurers resolve subrogation tasks with artificial intelligence (AI). AI Subro digitizes and accelerates many of the tasks involved in subrogation – the process by which insurers legally pursue third parties that have caused losses to the insured. At present, subrogation […]

Filed Under: News Tagged With: Artificial Intelligence, Claims Technology, Subrogation, Tractable

LKQ North America Partners with Tractable to Deploy AI to Optimize Salvage Vehicle Recycling

June 29, 2021 By CollisionWeek Editor

LKQ North America is using Tractable’s Artificial Intelligence (AI) to accelerate and optimize the recycling of the salvage vehicles LKQ procures across their North America segment. The AI uses computer vision, a technology that allows algorithms to reason based on images, to assess the specific damage on each vehicle and determine which parts can be […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, LKQ Corporation, Salvage, Tractable

Tractable Raises $60 Million

June 18, 2021 By CollisionWeek Editor

Tractable announced a $60M Series D investment led by Insight Partners and Georgian. The round doubles the total raised by Tractable from $55 million to $115 million and values the company at $1 Billion Tractable’s artificial intelligence (AI) analyzes vehicle damage photos in real time to accelerate decisions that can otherwise take days, such as […]

Filed Under: News Tagged With: Artificial Intelligence, Private Equity, Tractable

GEICO Partners with Tractable on Estimating AI

May 26, 2021 By CollisionWeek Editor

GEICO Tractable Announces Partnership

Insurer will use artificial intelligence to improve the speed and accuracy of estimate review. GEICO, the second-largest auto insurer in the US, is partnering with Tractable to accelerate its auto claim and repair process. Tractable’s proprietary computer vision technology, trained on millions of historical claims, assesses vehicle damage like a human appraiser. Inserting artificial intelligence […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, GEICO, Tractable

  • 1
  • 2
  • 3
  • Next Page »

Connect

  • Email
  • Facebook
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems BASF Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Certification Collision Repair Education Foundation Copart Coronavirus Diagnostics Donations Earnings Florida General Motors I-CAR Insurance Auto Auctions Lawsuits legislation LKQ Corporation Mitchell International National Auto Body Council Network Affiliations Non-OEM Parts Openings People PPG Industries Regulations Service King Collision Repair Centers Texas United Kingdom Women's Industry Network Workforce Development

Recent Articles

  • US New Vehicle Retail Sales Projected to Decline Over 20% Compared to Last Year May 25, 2022
  • Volvo Trucks Academy Opens New Illinois Facility to Better Serve Electric Truck Training May 25, 2022
  • IAA Expands and Relocates Its UK Head Office May 25, 2022
  • Hyundai Motor Group Increases US Investment May 25, 2022
  • Crash Champions Celebrates 200 Location Milestone May 24, 2022
  • Premium Increases Lead to Erosion in Auto Insurance Price Satisfaction May 24, 2022
  • PPG Commits to Setting Science-Based Targets to Reduce Greenhouse Gas Emissions May 24, 2022

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2021 - QuanDec Corporation - All Rights Reserved · Log in