Tractable names new CSO to lead AI development

Tractable names new CSO to lead AI development

AI-powered InsurTech unicorn Tractable has named Mohan Mahadevan as its new chief science officer to lead its AI development and research.

Mahadevan was previously the head of computer vision and machine learning (robotics applications) at Amazon and senior vice president of applied science at UK computer vision unicorn Onfido.

In the new role, Mahadevan will lead Tractable’s development and application of AI to challenges in the automotive and property sectors. Its AI can classify the condition or amount of damage to a vehicle or home and provide a detailed repair estimate, very quickly and consistently, at scale.

Additionally, Mahadevan will help develop Tractable’s AI so it improves efficiency and adds value across the entire repairs and claims ecosystem, reducing waste, cutting carbon emissions, and increasing the scale of recycling and reuse, while helping people recover sooner from accidents and natural disasters.

Mahadevan is also set to drive Tractable’s evolution to address challenges in other sectors and industries. Mahadevan will lead a team of over 40 AI and computer vision scientists.

Speaking on the role, Mahadevan said, “Tractable has built a reputation in the tech industry as the leader at applying computer vision to auto and property assessment, working with the world’s most innovative insurers and corporations.

“I’m excited to help the company further increase its competitive advantage in its existing domains, while also expanding what we can do to assist with new use cases and challenges, including tackling the increasing impact of climate change as it brings more frequent and severe weather events.”

Alongside the new appointment, Tractable announced that co-founder Adrien Cohen will move to a non-operational role and will step down as president. Cohen will remain on the Board, and his responsibilities will be shared by Mr Dalyac and co-founder and CTO Razvan Ranca.

Sakina Najmi, VP marketing at Tractable, recently spoke to FinTech Global about how the company started and how it is leveraging AI to capitalise on a range of new opportunities. Read the article here.

Copyright © 2022 FinTech Global


The following investor(s) were tagged in this article.

Source link

Leave a Reply

Your email address will not be published.