What is ractable? ractable Review, Features

Ractable is a British insurance technology company dedicated to using artificial intelligence technology to automate insurance claims processing, mainly for disaster recovery work, using computer vision and algorithms to analyze disaster photos and compare them with undamaged visual effects.

About ractable

Founded in 2014 and headquartered in London, ractable is a computer vision service provider focused on artificial intelligence. The company has about 40-50 employees. Its image recognition capabilities surpass those of human experts, covering areas including auto insurance damage assessment image recognition, infrastructure maintenance image recognition, and medical image recognition.

ractable service content

Our AI-first solutions bring the latest computer vision research and machine learning techniques to visual assessments. Using customer images, our AI products are beginning to enable fast, accurate damage assessments to help accelerate incident recovery tenfold. We’re now applying our award-winning AI to accelerate other processes involving visual inspections and assessments. From salvaging auto parts to property assessments, our mission is to transform the way people live and work across industries. With AI, we can free up our employees’ time for more valuable tasks, improve the customer experience, speed up repairs and increase recycling – better for all of us and the planet.

ractable products

• Tractable's products currently focus on damage assessment image detection. Tractable can simplify the work that originally required damage assessors after a car accident through AI.

• Insurance product is its main product, which includes two products, AI Review and AI FNOL Triage, the latter of which is still under development.

• The company uses deep learning to reclassify big data from insurance, health and other industries. The company worked with US software supplier Mitchell International to collect 200 million vehicle damage photos in the United States and applied its model results to the UK auto insurance scenario.

• Tractable recently launched two new products, Preventative Maintenance and Medical Imagery. Preventative Maintenance uses the company's powerful database to detect customers' "home water pipes" and provide a report that can roughly predict the service life of the water pipes, so that consumers can replace old water pipes in advance and avoid unnecessary losses caused by temporary ruptures of water pipes.

• Medical Imagery is mainly used in the fields of medical fluoroscopy and B-ultrasound. Tractable will give an "auxiliary diagnostic report" based on the fluoroscopy results based on its database to help doctors better diagnose patients. The development of this product aims to solve the current uneven distribution of medical resources, and the diagnostic report can benefit both doctors and patients.