Michael Flanagan

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