SoftBank Vision Fund invests in U.K. insurtech Tractable

Privately held company with proprietary AI reached unicorn status in 2021

MASAYUKI SHIKATA and AKIRA YAMASHITA, Nikkei staff writers

TOKYO/LONDON -- SoftBank Group has invested in a British insurtech startup that helps nonlife insurers pay claims faster and with less manpower, Nikkei has learned, as the Japanese conglomerate emerges from a defensive crouch in which it waited out worsening market conditions by largely halting new investments.

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