Insuretech is a hot topic, especially here in Connecticut. Join us on December 5th to hear Xtract—a startup with a claims tool that aggregates and visualizes crash data for the auto-insurance industry—present their business case to our experts and the audience.
After the presentation, our experts in venture capital and insurance brokerage will break down their thoughts on the problem Xtract is trying to solve, their solution, the market, the competitive landscape, their growth strategy and more.
We'll then leave plenty of time for the audience to ask their own questions and to learn much more about the growing Insuretech space.
Tim McCarthy, Board Member, Xtract
Tim sits on the Board of Xtract, a Dublin, Ireland based firm that is disrupting the Insurance Claims process and is president of Kildare Consulting, a full-service advisory firm focused on working with early-stage technology startups. He graduated from the University of Massachusetts (BS) and Babson College (MBA). His professional career began in Hartford, CT working with IBM where he held a number of responsibilities in Sales and Business Development. He has been a principal and founding member of several startups including iPhrase Technology which was acquired by IBM.
Kildare Consulting has a focus on identifying high potential SaaS B2B technology startups where improved investment and market development can accelerate growth. Kildare has an additional focus on working with foreign firms, including Irish startups, that seek to expand in the US market.
Douglas is responsible for sourcing new investment opportunities, conducting due diligence, negotiating investment terms, and supporting the growth and success of portfolio companies.
Before joining CI, Douglas gained extensive experience with early-stage businesses as both an operator and adviser. He founded a consulting firm to assist early-stage companies to identify and assess growth opportunities, generate sustainable revenue and manage intellectual property. As a senior consultant at a boutique management consulting firm, Douglas was a strategic adviser to companies in the software, telecommunications, information technology, and medical device industries. He advised investors of early-stage businesses, representing more than $250 million in invested capital. Earlier in his career, Douglas spent more than a decade as an operator in the telecommunications industry, primarily focused on building international voice, data and IP networks.
Joseph Bishop, CPIA, CRIS, Principal, Marchetti Brown & Bishop Inc.
Joseph Bishop is the Principal of Marchetti Brown and Bishop Inc., Associated Insurance Agencies Inc, The Joseph A Bishop Company, and MBI Company Group LLC. In 2013 Joe received the Professional Insurance Agent of the year award from PIACT. He provides oversight and direction for operations of the agency.
Within the industry, Joe has served on the agency advisory councils of The Hartford, Safeco, Peerless, Hanover, Promutual Group, General Accident and USF&G insurance companies. He has been actively engaged in public speaking within the industry and has provided a number of continuing education seminars for industry organizations.
John Ireland, President, Upfront Analysis
John Ireland has held positions as CEO, CFO, COO and Director of Business Development in both private and public corporations in several verticals. Most recently, Mr. Ireland worked as CFO and COO for Sightlines, a facility benchmarking firm that grew from less than $1 million in revenue to over $7.5 million while he was employed by them. Mr. Ireland was the Founder and CEO of Downstream Energy Corporation focusing on providing an Internet-based solution that would be an innovative alternative to the existing manual business processes and proprietary technologies available to support communication between suppliers and marketers of petroleum refined products.
Mr. Ireland has a bachelor's degree in chemical engineering and a master's degree in biochemical engineering from Brown University. He also holds an MBA from MIT's Sloan School of Management.
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