Tractable


31.10.2022

22 min listen

Share on:

Natural Disasters: How can AI help?

In this Inside AI podcast, Jimmy Spears, Brad Cowan and Giacomo Mariotti to explore the role of AI in responding to - and preventing - natural disasters.

Natural disaters are on the rise. But how much more of a problem are they today than they used to be?
⁠
⁠We explore the that question amongst many others with industry veterans Jimmy Spears (former USAA Exec, now at Tractable), Brad Cowan (EVP for Business Development at Paul Davis) and Giacomo Mariotti (Property Lead at Tractable).

⁠Other questions we explore:
⁠

  1. How do you deal with policy holiders on the ‘front line’ after such a traumatic event?

  2. Who needs to come together - what kind of organisations - to fix the problem and help a community get back on its feet?

  3. What role does AI and or any new technology play and what problems / use cases are they applied to?

  4. How widely adopted are these technologies?

  5. We’ve talked about fixing the problem but what about preventing it altogether?

⁠About Inside AI


⁠Inside AI explores business opportunities within artificial intelligence through conversations with those who know the industry best. From computer scientists pushing the technical envelope to the business leaders building it into their products, we meet the people that matter in applied AI.

Discover more related content

Article, 20.01.2022

5 min read

How Tractable's Property Estimator can help homeowners rebuild faster

Today, when a home is damaged, homeowners face an obstacle before recovery can begin: how long it takes for an insurance claim to settle.

Article, 20.01.2022

5 min read

Disaster recovery: A new frontier for AI

Imagine a hurricane has just devastated your town – and flattened your home. Before you could even begin to consider rebuilding, you’d wait weeks – or even months – for a property assessor just to visit to take a look at the damage

Article, 11.01.2022

3 min read

Canadian climate causes catastrophe claims to climb

When catastrophic weather events and natural disasters damage property, the scale of impact means homeowners can expect to wait for weeks or months just for an assessor to evaluate the damage, let alone begin and complete repairs.

Article, 24.12.2021

3 min read

What insurtech industry trends to watch for in 2022

Insurtech — technology developed to improve and transform the insurance industry — is having a bit of a moment. Forrester recently reported record-breaking funding for insurtechs, closing Q3 at $15 billion.

Article, 10.12.2021

5 min read

Enabling touchless claims since 2020

Automated and touchless processes have become much more widely embraced over the past couple years. Tractable has contributed to that shift toward efficiency by making the vision for Straight-Through Processing (STP) a reality.

Article, 01.12.2021

5 min read

Putting tech to the test: How do we make sure new solutions work?

It’s not easy being an insurance company in 2022. The business environment is shifting quickly, both from the impact of COVID and as new technologies enter the market – introduced both by rival incumbents, and new tech-enabled start-ups.

Article, 19.11.2021

1 min read

Deloitte names Tractable as one of the UK’s 50 fastest-growing technology companies

Deloitte has named Tractable in the 2021 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK

Article, 09.11.2021

3 min read

Leveraging AI is key to customer-centric success

AI is transforming processes, making them not just more efficient and cost-effective for the business but more customer-centric in terms of the service.

Article, 11.08.2021

3 min read

Tractable accelerates accident and disaster recovery with Graphcore IPU

Tractable has become a standout success story among the many companies using artificial intelligence to transform traditional industries.

Article, 28.07.2021

5 min read

How we built an AI unicorn in 6 years

Today, Tractable is worth $1 billion. Our AI is used by millions of people across the world to recover faster from road accidents, and it also helps recycle as many cars as Tesla puts on the road.

Engineering Insights, 01.07.2022

1 min read

GaLeNet: Multimodal Learning for Disaster Prediction, Management and Relief

Introducing GaLeNet, a multimodal neural network that predicts the location and severity of damage to buildings from a hurricane without using images of damage at all.

Article, 10.08.2022

3 min read

Building the big picture: how we train AI to assess property damage

When it comes to assessing damage, Tractable’s expansion from cars into property might seem obvious in terms of the insurance market. But for the underlying Artificial Intelligence (AI), it’s a big leap.

Article, 25.10.2022

6 min read

The art of integrating transformational AI – key considerations and approaches

Artificial Intelligence (AI) is no longer a peripheral or “emerging" technology for insurance companies. According to a recent Accenture report, “Across all industries, including insurance, AI ranked consistently as the top game-changing technology."

Engineering Insights, 02.11.2022

6 min read

Predicting damage from natural disasters

When so much is at stake, it is vital to form an accurate map of the damage so that relief and support can be provided where they are needed most. The quicker we can build this picture, the more lives we can help.

Press Release, 31.10.2022

2 min read

Tractable and United Nations team up to bring the power of artificial intelligence to natural disaster recovery in Fiji

Tractable will use its visual artificial intelligence (AI) to verify property damage claims in the South Pacific region so those worst-impacted by extreme weather can restore livelihoods as soon as possible.

Press Release, 21.10.2022

3 min read

Tractable is ranked number two in Sønr Global's Insurtech 100

Tractable is ranked number two in Sønr Global's Insurtech 100, which has been published conjunction with EY alongside a judging panel from over 30 of the world's biggest insurers, consultancies and VCs in this space.

Podcast, 20.12.2022

41 min listen

Industry predictions for 2023

With 2022 in the rearview mirror, Tony Triola, head of ecosystem partnerships at Verisk, Michael Anderson, global lead for ecosystem solutions at Guidewire and Jimmy Spears, head of automotive at Tractable give us their thoughts on what's going to be big in 2023.

Press Release, 06.02.2023

2 min read

Tractable teams up with Verisk to offer AI-powered estimates for property damage

Verisk is expanding its claims ecosystem by teaming up with Tractable. By integrating with Tractable, which uses computer vision technology to visually assess damage to homes, Verisk will be able to significantly help accelerate insurance claims processing and home repairs.

Whitepaper, 25.04.2023

1 min read

Download our latest white paper on AI industry impact

Discover the impact AI is bringing to the insurance, auto and property sectors and where the tech will take us next. 

Press Release, 18.07.2023

3 min read

Tractable AI raises $65M in Series E funding led by SoftBank Vision Fund 2

Tractable, a leader in artificial intelligence (AI) using computer vision to assess the condition of cars and homes, today announces a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors Insight Partners and Georgian participated in the round.