Adrien Cohen: Co-founder & President, Tractable: Damage assessment with AI - fast, scalable, global (134) episode artwork

EPISODE · Apr 18, 2021 · 29 MIN

Adrien Cohen: Co-founder & President, Tractable: Damage assessment with AI - fast, scalable, global (134)

from InsTech - insurance & innovation with Matthew Grant & Robin Merttens · host InsTech London

Artificial intelligence has opened up a wealth of opportunities for both insurers and insurtechs, but turning AI’s vast potential into scalable, successful technology solutions is a major challenge. Tractable is a great example of a company that has managed to do it, with its AI solution for assessing vehicle damage now being used worldwide to process thousands of claims every day. Co-founder and President Adrien Cohen joins Matthew to discuss Tractable’s global growth, the challenges of working with AI, and what the company has planned for property insurance. Talking points include: Why insurance is a great use case for AI Data challenges and training AI systems Why insurers struggle to develop solutions in-house Spotting opportunities and expanding into different markets Convincing customers about new technology Sign up to the InsTech London newsletter for a fresh view on the world every Wednesday morning. If you like what you're hearing, please leave us a review on whichever platform you use, or contact Matthew Grant on LinkedIn. Continuing Professional Development - Learning Objectives InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech London podcast or reading the accompanying transcript, you can claim up to 0.5 hours towards the CII member CPD scheme. To claim 0.5 hours for this podcast, go to the Episode 134 page of the InsTech London website, or email [email protected].

Artificial intelligence has opened up a wealth of opportunities for both insurers and insurtechs, but turning AI’s vast potential into scalable, successful technology solutions is a major challenge. Tractable is a great example of a company that has managed to do it, with its AI solution for assessing vehicle damage now being used worldwide to process thousands of claims every day. Co-founder and President Adrien Cohen joins Matthew to discuss Tractable’s global growth, the challenges of working with AI, and what the company has planned for property insurance. Talking points include: Why insurance is a great use case for AI Data challenges and training AI systems Why insurers struggle to develop solutions in-house Spotting opportunities and expanding into different markets Convincing customers about new technology Sign up to the InsTech London newsletter for a fresh view on the world every Wednesday morning. If you like what you're hearing, please leave us a review on whichever platform you use, or contact Matthew Grant on LinkedIn. Continuing Professional Development - Learning Objectives InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech London podcast or reading the accompanying transcript, you can claim up to 0.5 hours towards the CII member CPD scheme. To claim 0.5 hours for this podcast, go to the Episode 134 page of the InsTech London website, or email [email protected].

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Adrien Cohen: Co-founder & President, Tractable: Damage assessment with AI - fast, scalable, global (134)

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This episode was published on April 18, 2021.

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Artificial intelligence has opened up a wealth of opportunities for both insurers and insurtechs, but turning AI’s vast potential into scalable, successful technology solutions is a major challenge. Tractable is a great example of a company that has...

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