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Michael Flanagan

CEO at Xtract

Michael Flanagan is the founder and CEO of Xtract, a company he established in 2017 in Dublin, Ireland.5 With a background in the telematics mobility space spanning eight years, Flanagan's experience led him to identify and address a significant problem in the Irish insurance industry.1

Professional Background

Flanagan's career has focused on innovative solutions in the automotive and insurance sectors:

  • Xtract: As CEO, he leads the company in developing a claims platform that aggregates and visualizes critical claims data for the insurance industry.1
  • Previous Roles: He has experience in telematics, and worked with companies such as CarCompare.ie and Taxi.4

Xtract's Innovation

Under Flanagan's leadership, Xtract has developed technology that:

  • Ingests telematics data from any source to present accident information clearly.1
  • Converts various telematics datasets into a standard output for easier claim handling.1
  • Allows insurers and commercial fleets to capture data at the source, auto-populating claims at the moment of impact.1

Recent Developments

Flanagan has been actively expanding Xtract's capabilities and partnerships:

  • In October 2023, he announced the release of Xtract Replay™, a feature allowing secure sharing of incident reconstructions.2
  • In September 2024, Xtract officially joined Guidewire Software's InsurTech Vanguard program, a significant milestone for the company.3

Michael Flanagan's vision for Xtract includes improving data utilization in the insurance claims process, potentially revolutionizing how accidents are reported and claims are handled in the industry.12

Highlights

Sep 5 · linkedin

Today Xtract officially joins Guidewire Software's InsurTech Vanguard program. When I recently visited Graham at their European HQ in Dublin, it really brought home the scale Guidewire has achieved and their openness to partnering. I truly believe Xtract is bringing complimentary capabilities to Guidewire's current solutions and we look forward to working with the Guidewire team to start bringing Xtract to their global customer base.

If you are a Guidewire customer, drop me a message to learn more.

Read the news here: https://lnkd.in/epmAu5w5

Matthew, Tim, Laura, Dave, Ed, Colm, Nigel, Stewart, AXA Partners UK & Ireland, QBE Insurance, Zurich Insurance, Aviva, RSA, AXA Ireland,

Feb 15 · linkedin

It was an honour to be mentioned in Colin’s keynote speech at GEOTAB Connect this morning. Xtract is showing live demonstrations of bumper car collisions at the Connected Claims exhibit along with CCC Intelligent Solutions .

#gc24 #partnerships Tim, Ed, Dave, Neil, Nathan, Jim, Joseph, Jesús

Related Questions

What inspired Michael Flanagan to start Xtract?
How does Xtract's claims platform work?
What challenges did Michael Flanagan face in the Irish insurance industry?
How does Xtract's software integrate with different telematics sources?
What is the significance of Xtract joining Guidewire's InsurTech Vanguard Program?
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Location

United Kingdom