Tractable
tractable.ai London UK company
- Headquarters
- London
- Sector
- computer vision
What does Tractable do?
Tractable reads photographs of damaged cars and buildings and estimates what the repair costs. Insurers use it to settle claims in minutes rather than sending an assessor, which is the part of a claim that customers actually experience as slow.
How does Tractable work?
Trained on very large volumes of damage photographs, so it can estimate repair cost and severity from images the way an experienced assessor would.
What does Tractable offer?
Claims assessment software for motor and property insurers, and for repair networks.
Tractable develops computer vision algorithms that evaluate vehicle and property damage from photographs. Auto insurers and loss adjusters deploy its models to assess repair costs and approve insurance claims in minutes rather than days. Founded in 2014, the company was one of the United Kingdom’s earliest artificial intelligence unicorns.
Where is Tractable based?
Tractable is headquartered in London. Other AI companies in London →
Why does Tractable matter to a UK operator?
Claims are where insurance customers judge their insurer, and the assessment visit is the slow part. If you work in UK insurance or vehicle repair, this is the company changing that process.
What else is Torus tracking near Tractable?
6 other AI companies headquartered in London: