Digital Insurance Agenda

GSMA: why leading insurers trust GSMA for their mobile device

Written by Roger Peverelli and Reggy de Feniks - Founders The DIA Community on Dec 4, 2019

The GSMA represents the worldwide mobile communications industry, uniting the interests of more than 750 mobile network operators with almost 400 companies in the broader mobile ecosystem.  This position means GSMA is the authoritative source of the industry’s mobile device intelligence data. 

 

For the insurance sector, access to the data enables greater accuracy and speed when determining premiums/ settling of claims for mobile devices, whilst also reducing the likelihood of processing fraudulent devices. Resulting in greater efficiencies and customer satisfaction. With access to the GSMA’s data, insurers can accurately identify the manufacturer, model, marketing and brand name, as well as the age and capabilities of a mobile device, allowing them to assess a device’s authenticity and value. They can also access information to determine if a device has been reported as lost or stolen in the event of a claim for fraud detection purposes.

The GSMA registers over 10,000 mobile phones and IoT device models per year from approximately 1,000 brands worldwide. They collect and exchange stolen device data on a daily basis across 42 countries worldwide.

 

How it works

The GSMA is the body responsible globally for issuing mobile device identifiers. Brand owners and manufacturers apply directly to the GSMA for TAC (Type Allocation Code) which forms the first eight digits of the IMEI number. The GSMA is uniquely placed to provide a range of services based on real-time access to TAC and IMEI data for device validation services to the insurance sector. 

Additionally, whenever a mobile device is reported lost or stolen, the GSMA allows mobile network operators to upload its IMEI number to the GSMA IMEI Black List, where it is maintained thereby GSMA’s data can also indicate if the device has previously been reported as lost or stolen.

Why we selected GSMA for DIA Munich
The GSMA represents the interests of mobile network operators worldwide, uniting more than 750 operators with nearly 400 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organizations in adjacent industry sectors.

They work closely with the operators, playing a leading role in developing Future Networks, managing Digital Identity & and mobilizing the Internet of Things.  This means that they work with aindustry sectors such as m-health, smart cities, connected vehicles and more recently global businesses in the insurance sector.

Who is GSMA?
Headquartered in London with offices in Asia, North and South America, Europe, the Middle East and Africa, the GSMA is the global association for the mobile telecoms industry working with companies across the mobile ecosystem to ensure future growth and development of mobile services.

The GSMA also produces the industry-leading MWC events held annually in BarcelonaLos Angeles and Shanghai, as well as the Mobile 360 Series of regional conferences.

 
Marilyn Malpus, Senior Director, Client Relations, GSMA

 

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