UBI and telematics-based insurance is transforming the mobility and auto insurance sector . But , it ’ s also being used in other areas of the insurance industry too . We take a look at who invented it , how it became mainstream , and what the present demand means for future use cases

Technologies that birthed telematics

In the 1960s , the US Department of Defence developed Global Position System ( GPS ) technology . At the same time , Theodore G . Paraskevakos ’ s work on Caller ID led to the conception of M2M ( Machine to Machine ) communication

Early computer science

Scientists Simon Nora and Alain Minc were the first in the world to classify the technology and devised the term “ Telematics ” in a report to the French government

The EU takes note

The EU commissioned research into vehicle telematics with the aim to improve road safety . This was probably the beginning of wider telematics adoption in vehicles and its uses today

16 March 2022