Founded
135 Number of Staff
Location
2014
Founded
135 Number of Staff
UK
Location
05 Tractable
[ CEO , ALEX DALYAC ]
83
At the heart of Tractable is a highly-skilled R & D team ( composed of Oxford and Cambridge graduates ) with over 30 years of cumulative experience in developing AI technology . The company uses its technology to assess car accident and natural disaster damages in real-time , which can then form a dataset for insurers to base their decision-making . Equipped with image-recognition software , the AI can assess visual information similarly to a person but on a much faster and larger scale . Estimating that its system can hasten insurer response times by up to 10 times , Tractable ’ s solution has already been embraced by some of the world ’ s leading insurance companies . Currently a popular enterprise with investment firms , it has also managed to raise US $ 55m in venture capital for future development .
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