Partnership will combine Tractable’s AI with PartsTrader’s auto parts data. PartsTrader and Tractable have formed a strategic partnership to bolster how the industry uses AI to process claims. The collaboration will launch with the integration of PartsTrader’s historical parts price data into Tractable’s Auto Reviewer solution, enabling insurers to automate and optimize the review of […]
Tractable AI Raises $65M in Series E Funding
Tractable, the company employing artificial intelligence (AI) using computer vision to assess the condition of cars and homes, today announced a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors Insight Partners and Georgian participated in the round. As part of the transaction, Nahoko Hoshino, Investment Director for SoftBank Investment Advisers will […]
Covéa and Tractable Renew Claims Partnership in France
Covéa has renewed its collaboration with Tractable for three years to accelerate the processing of claims for its MAAF, MMA and GMF automobile policyholders. The Tractable Auto Reviewer solution analyzes vehicle damage and then proposes repair recommendations to collision repairers. Tractable’s technology will be used on more than 150,000 claims in France by 2025 through […]
Entegral Launches Smart Assist Vehicle Claims Triage Product
New offering uses artificial intelligence through a partnership with Tractable. Entegral has announced the launch of Smart Assist, a vehicle claim assistance product designed for use with mobile devices, in North America. This new software as a service (SaaS) offering puts more control directly into the customer’s hands after a collision and, in the process, […]
Mohan Mahadevan Named Chief Science Officer to Lead AI Research at Tractable
Tractable announced the hire of a new Chief Science Officer, Mohan Mahadevan, to lead the company’s artificial intelligence (AI) development and research. Mahadevan, former Head of Computer Vision and Machine Learning (Robotics Applications) at Amazon, will lead the company’s development and application of AI to challenges in the automotive and property sectors, where its solutions […]
American Family Insurance Partners with Tractable to Streamline Claims Operations
American Family Insurance is partnering with Tractable to apply its artificial intelligence (AI) solutions. Specifically, American Family Insurance Claims Services (AFICS) will be using Tractable as part of its claims subrogation settlement process. American Family is one of the earliest top ten private passenger auto carriers in the US to apply Tractable’s AI to claims, […]
Aviva UK Partners with Tractable to Bring AI to Auto Claims
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 […]
Mitchell and Tractable to Make AI-Enabled Straight-Through Claims Processing Available to North American Insurers
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 […]
Tractable Joins Guidewire PartnerConnect Solution Alliance to Help Insurers Expedite Auto Claims Processes
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 […]
MAPFRE Selects Tractable to Apply AI to Auto Claim Adjustment in Brazil
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 […]
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