InsurTech Center

A look at the evolution of insurance telematics

The history of telematics tells a fascinating tale of innovations and advancements.

By Dave Fiore | Updated on February 25, 2016

Usage-based insurance (UBI) is gaining traction in property and casualty as insurers find they can attract drivers — especially younger ones — with telematics-based plans that offer savings in return for consent to monitor driver performance.

But while UBI and telematics are generating buzz within the industry, they’re not new concepts. A look back at the history of telematics tells a fascinating tale.

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