Banner
Mobile Insurers icon

Insurers

Mobile Phone Fraud Prevention – Reducing Fraudulent Insurance Claims

Using our market-leading intelligence-sharing platform, the MobiCode Ecosystem, businesses in the insurance industry, including Underwriters and Managing General Agents, can effectively challenge deceitful claims, identify high-risk individuals, and help improve the efficiency of the claims process with access to live data and the ability to blocklist devices instantly.

The system allows claims handlers access to an intelligent solution, giving them the ability to view live data and challenge the claim on the spot with searchable data at their fingertips. Additionally, sharing your insured data with MobiCode enables the tools to send instant alerts when a device insured under your policy is sold to a recycler.

The depth of data that can be accessed through our secure ecosystem includes the name and contact details of the retail store/recycler, the time and date of the transaction, and the details of the device seller. As data partners with MobiCode, you will have access to the footprint data of all mobile devices and their trading history.

The MobiCode ecosystem gives you the ability to instantly Blocklist (Including network Bar) and Hotlist devices (Silent alert to identify fraudsters) using the claimant IMEI or serial number; this will deter potential targeted fraud and improve the efficiency of the claims process.

Our comprehensive data ecosystem draws live data from various sources, including Law Enforcement, Insurance, Mobile Operators and High Street/Online Recyclers, based on IMEI and Serial numbers for the live lookup and alert service.

MobiCode Benefits

Lost or Stolen Device Check no entry icon

Hotlist Devices

Instantly hotlist devices globally during the claims process to ensure they are appropriately blocked, minimising the risk of fraudulent claims.

Lost or Stolen Device Check reducing graph icon

Reduce Claim Fraud

Check device history pre- and post-claim to identify whether devices of interest have been offered for trade within our extensive network of recyclers.

Lost or Stolen Device Check cogs working in head icon

Increase Intelligence

Access exclusive data through the MobiCode SHARE network, offering insights not available from other data providers.

Lost or Stolen Device Check alarm icon

Live Alerting Platform

Create real-time alerts with our user-friendly upload tool, and download processed files for detailed examination.

Our experts are on hand to help guide you to the right solution!

Latest Case Studies

MobiCheck software being used to check a mobile device authenticity. Checkmend

MobiCHECK®

Our instant device due-diligence and blocklist service, protects you from purchasing devices that are lost / stolen or may have activation locks still active.

Find Out More

MobiTest being used to test a device functions and authenticity. Checkmend

MobiTEST

Our guided diagnostic software streamlines identifying and eliminating defective inbound devices through a series of automated and interactive tests.

Find Out More

MobiWipe being used to securely wipe and erase data on a mobile device. Checkmend

MobiWIPE®

Securely wipe used devices, with our certificated MobiWIPE® Mobile Data Erasure Tool, providing peace of mind to yourselves and your customers.

Find Out More

FAQ's

How does MobiCode help insurers prevent mobile phone fraud?

MobiCode helps insurers identify suspicious mobile device claims by checking IMEI and serial number data against live intelligence sources. This can help claims handlers challenge questionable claims, detect high-risk devices, and reduce the chance of paying out on fraudulent or misrepresented claims.

What is mobile phone insurance fraud?

Mobile phone insurance fraud can include false loss or theft claims, duplicate claims, claims made after a device has already been traded, or claims where the device details do not match the customer’s policy. Device intelligence helps insurers verify claim details before making a decision.

What data can insurers check through the MobiCode ecosystem?

Insurers can use the MobiCode ecosystem to check device identifiers such as IMEI or serial numbers against intelligence from recyclers, networks, law enforcement, insurance data and other trusted sources. This can help identify whether a device has been traded, reported, blocked, hotlisted or linked to suspicious activity.

How can MobiCode support claims handlers?

MobiCode gives claims handlers access to live device intelligence during the claims process. This allows teams to validate device details, review trading history, check for risk indicators, and challenge suspicious claims while the case is still active.

Can insurers receive alerts when an insured device is traded?

Yes. When relevant device data is shared with MobiCode, insurers can receive alerts if an insured device appears within the recycling or trade-in ecosystem. This helps identify cases where a device may have been sold or recycled while also being linked to an insurance claim.

What is device hotlisting?

Device hotlisting allows an insurer or authorised organisation to flag a device of interest using its IMEI or serial number. If that device appears in the MobiCode ecosystem, the relevant party can receive an alert, helping them investigate potential fraud or suspicious trading activity.

What is the difference between blocklisting and hotlisting?

Blocklisting is used to prevent or restrict a device from being used or traded normally, often where it has been reported lost, stolen or involved in a claim. Hotlisting is used to monitor a device of interest and generate alerts when activity is detected, supporting investigation and fraud prevention.

How does footprint data help insurers?

Footprint data provides visibility of a device’s trading history, including when and where a device may have appeared within participating recycler or retail networks. This can help insurers identify inconsistencies between a customer’s claim and the device’s actual market activity.

Can MobiCode help reduce fraudulent insurance claims?

Yes. By combining live IMEI intelligence, recycling network data, hotlist alerts, blocklist support and device history checks, MobiCode helps insurers make better-informed claim decisions and reduce exposure to fraudulent mobile device claims.

Is MobiCode suitable for high-volume insurance claims teams?

Yes. MobiCode supports enterprise upload and high-volume data processing, allowing insurers and claims teams to check large numbers of devices efficiently. This is useful for teams that need scalable fraud prevention rather than manual one-device-at-a-time checks.

Does MobiCode replace the insurer’s normal claims process?

No. MobiCode supports the claims process by providing additional device intelligence and risk indicators. It should be used alongside existing fraud checks, policy checks, customer verification and claims-handling procedures.

Who should use MobiCode’s insurance fraud prevention tools?

MobiCode is suitable for insurers, underwriters, managing general agents, claims handlers and fraud-prevention teams that handle mobile device claims and need better visibility over lost, stolen, blocked, traded or suspicious devices.

Looking for more details - Let one of MobiCode team of experts help guide you. Call us on +44(0) 203 150 25 29

Getting in touch with us is easy

Contact MobiCode

Register with us today and see the benefits our software brings.

Copyright © 2024 · All Rights Reserved · MobiCode