ABI Research is projecting that global insurance telematics users will increase from 1.85 miliion in 2010 to 89 million in 2017, growing at 90% CAGR. Usage based insurance (UBI) model is based on continous monitoring of driver behaviour through a cellular device that is plugged in diagnostics port of the vehicle. Insurance telematics covers different models such as pay as you drive (PAYD) or pay how you drive (PHYD).