Tractable News

Claims Insurtech Tractable AI Raises $65M in Funding Led by SoftBank

⁠Tractable, the London-based insurtech that uses artificial intelligence (AI) for visual claims assessments and disaster recovery, announced a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors Insight Partners and Georgian participated in the round. Tractable said …

Insurance Technology: Great American, Assurely Offer D&O for Tech Startups; Tractable AI Assesses Building Damages; Pie Offers Pay-As-You-Go

Great American Insurance and Assurely Offer D&O to Startup Firms The Executive Liability division of Great American Insurance Group and the insurtech, Assurely, announced an agreement to offer directors and officers liability (D&O) insurance to private companies raising capital via …

Tokio Marine Uses Tractable’s Artificial Intelligence Solution for Auto Claims in Japan

Tokio Marine, the Tokyo-based property and casualty insurer, will use an artificial intelligence (AI) solution to process auto damage across its insurance operations in Japan, accelerating claims processing for policyholders. The AI solution, created by technology company Tractable, uses computer …

Insurer Ageas Uses AI to Create End-to-End Car Damage Assessments in UK

Ageas is using artificial intelligence (AI) to create end-to-end assessments and estimates of vehicle damage, which it says is a first for a UK insurance company. Ageas is using an AI solution, developed by technology company Tractable, to support some …

UK Insurer Ageas Uses Artificial Intelligence to Manage Motor Claims

UK insurer Ageas has begun to use artificial intelligence (AI) technology to help manage its motor claims in partnership with AI specialist Tractable. In what it describes as “a first” for the UK market, Ageas said the technology is now …