Tractable Announces Partnership with the Hartford to Accelerate Claims Processing with Artificial Intelligence

Utilizing AI in this way can increase the speed of processing claims from days to minutes, removing inefficiencies from the process, helping repairers and insurers agree on repairs faster, and accelerating accident recovery for drivers.

Fremont, CA: The Hartford, a leading US property and casualty insurer, is utilizing an AI solution to analyze auto damage within its auto insurance claims operations in the US, boosting how quickly claims can be processed for its customers.

The AI solution is created by technology company Tractable, whose mission is to boost accident and disaster recovery with artificial intelligence. Tractable leverages computer vision to assess photos of car damage: the AI comprehends vehicle damage like an expert human appraiser and returns an appraisal as soon as the user submits photos. The technology opens the door to a quicker, simpler claim process.

Utilizing AI in this way can increase the speed of processing claims from days to minutes, removing inefficiencies from the process, helping repairers and insurers agree on repairs faster, and accelerating accident recovery for drivers.

Alex Dalyac, co-founder and CEO, Tractable, stated, "We are honored to announce this partnership. We see this as a testament to the quality of our technology, the maturity of our solution, and the trust in our people. Computer vision is accelerating accident recovery; the technology is here, it's on the ground and it's making a difference."

Tractable was cofounded in 2015 and has since secured $55M in venture funding, processing more than $1 billion in auto claims for the world's top insurers, including Tokio Marine, the largest P&C insurer in Japan; Covea, the largest auto insurer in France; and Admiral, a leading insurer in Europe.