Technological Innovation for the Claims Industry

Motor claim

After it was written-off, a sports car is found to have an undisclosed chip installed. The policyholder had not originally stated this modification when he insured the vehicle. A quick search of historical classified advertisements using the Mohawk database proves that the policyholder was well aware of the fact that his car has been illegally chipped.

£30,000 saved.

Too many technological innovations in the insurance claims space fail to deliver. This is not one of them. Mohawk Security offers a genuinely unique and innovative claims solution focused on validation, recovery and the exposure of fraud. At its heart lies a huge classified advertisements database. Every month 12-14 million new advertisements from the UK and Ireland are added to Mohawk’s system. Both live and historical advertisements can be searched. This rich and previously untapped data source provides a wealth of information to help validate claims, assist with recoveries, detect fraud and predict fraudulent behaviour.

Mohawk Security’s UK & Ireland database increases in size and power every 3 hours

i-Cog are delighted to have

the UK’s first access to Mohawk’s database as a

private investigation

supplier to the insurance industry. The technology Mohawk offers plays a

significant role within our intelligence profiling at the very early stages of the

claims assessment process. This is vital with the need to

cleanse claims for risk as early as possible after

notification.

The use of Mohawk has

propelled us even further

into cutting-edge offerings for the industry in today’s

climate.

Tara Shelton Managing Director i-Cog Claims Management

““

Commercial claim

A large retail chain isexperiencing what looks like the carefully organised theft of branded apparel from some of their stores. A search of Mohawk’s database identifies three suspicious sellers online. Further investigations establish that the goods being sold are indeed the stolen stock.

The offenders are convicted and sentenced.

Household claim

A vintage gold Rolex watch is reported stolen. Searching Mohawk’s database doesn’t produce any results. But a ‘Sniffer’ alert is set on the database. Three weeks later it finds the item listed for sale.

The thief is caught by the police, the watch recovered undamaged and £8000 is saved by the insurer.

Mohawk Security has been operating successfully since 2007 using tried and tested technology. Today, over 50 companies from both the personal and commercial lines insurance sectors and outside have already chosen Mohawk’s first-to-market solutions.

Benefits include:• Deliveringprovenfinancialsavingsinmarketswhere Mohawkiscurrentlyavailable• Validatinggenuineclaims• Assistingwiththerecoveryofassets• Identifyingfraud,fraudulentbehaviourandtackling opportunisticfraud• Creatingnewprosecutions• Revealinginformationwhichissimplyunavailableusing currentcounterfraudtools.

Mohawk Security has developed a strong intelligence led technology model. No system integration is needed on either the client server or user terminal. There are also no set up costs. Once logged-in, using an ID and password, the web-based service is ready to use immediately.

Each month millions of new advertisements from the UK and Ireland are added to Mohawk’s database. This information is updated every 3 hours to improve the strength, power and reach of the archive. Basic keyword searches which allow multiple filters to be added quickly track down the required information. Clever ‘Sniffer’ alerts can be activated to notify users when something they have asked to be watched appears in the database.

United KingdomBobby Gracey

CEO, UK & Ireland

Mohawk Security

Mobile: +44(0) 7557 774577Landline: +44(0) 141 639 3195

Email: bg@mohawksecurity.com