Xtract is a claims tool that aggregates and visualises crash data for the auto-insurance industry.
We
capture generic crash data at FNOL and deliver actionable insights to claim handlers enabling swift liability decision, fraud deflection
and vehicle damage triage.
To transform how motor claims are processed by aggregating and visualising crash data and incorporating it into the existing claims workflow to drive decision-making.
Xtract empowers claims handlers by enabling them to:
- Identify liability
- Deflect fraud
- Speed-up claim processing
- Automate damage triage
Our solution creates new revenue streams for our data-driven partners by enabling after-sales/claims-driven customers to extract more value out of their data.
Xtract protects fleets from fraudulent and contentious claims by providing un-biased, data-driven evidence to the motor incident.
Find out where Xtract creates value across the claim lifecycle. Click on a number below.
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By auto-populating a claim at FNOL with telematics data the claims handler can quickly assess and assign a claim.
Through Xtract’s contextual insights, claims handlers can triage vehicle damage and determine driver and 3rd party liability in seconds.
By introducing un-biased data, claims handlers can assess a claim accurately and efficiently, bringing more transparency to the claims process for both the handler and the policy holder.
By providing factual context to the incident claims handlers can quickly identify and deflect a fraudulent claim.