A company that uses computer vision and AI to speed up the processing of accident and disaster insurance claims. The world's first commercial-quality open-source chip. An app that measures tree trunks with a high degree of accuracy yet runs on a cheap, second-hand Android phone. And leading work by researchers on measuring how language models memorise information.
These are the winners of our 2024 Hall of Fame Awards. They were presented on Wednesday 23 April in a ceremony at Queens' College.
Company of the Year: Tractable
Co-founder and CTO of Tractable, our alumnus Razvan Ranca, collected the award.
Company of the Year is AI 'unicorn' Tractable. Co-founded in 2014 by Alex Dalyac and our alumnus Razvan Ranca – then "two college grads coding in a basement", as they put it – the company specialises in Artificial Intelligence (AI) solutions for accident and disaster recovery. Its AI analyses images of vehicle and property damage to speed up insurance claims and assessments. Today, Tractable processes over $7 billion in auto and home repairs across millions of claims and 10+ countries, collaborating with leading insurers such as GEICO in the US and Aviva in the UK. Tractable's products can make the repair journey significantly faster, expediting key-to-key time by days for cars, and enabling insurers to pay out people affected by natural disasters in 2-3 days instead of months. Co-founder and CTO Razvan Ranca collected the award.
