Home Page ContentPress Releases PayGo Systems Self-powered, Usage-Based Auto Insurance Solution to be Based on Telit GSM/GPRS Cellular Module Technology

PayGo Systems Self-powered, Usage-Based Auto Insurance Solution to be Based on Telit GSM/GPRS Cellular Module Technology

by david.nunes

PayGo Systems Self-powered, Usage-Based Auto Insurance Solution to be Based on Telit GSM/GPRS Cellular Module Technology

PayGo “TTM Type B” family to Include Wireless Connectivity via Telit’s GE865-QUAD GSM/GPRS Module

RALEIGH, N.C. and LONDON – April 25, 2013 – Telit Wireless Solutions, a global provider of high-quality machine-to-machine (M2M) solutions, products and services; and PayGo Systems an Israel-based TSP (Telematics Service Provider) dedicated to the development, design, manufacture, marketing and support of self-energized PAYD (pay-as-you-drive) solutions, today announced that PayGo’s new TTM Type B family of PAYD solutions is to include Telit’s ultra-compact GSM/GPRS cellular module, the GE865-QUAD. The breakthrough solutions include self-contained consumer installable data collection devices for high-growth application area – UBI/PAYD – in the automotive insurance industry. PayGo and Telit plan to expand connected automotive data collectors into new and existing markets made possible by PayGo’s self-powered product concept.

The TTM Type B is a self-powered peel-and-place product family with a number of game-changing characteristics including its multi-year internal battery power source. It is the only self-powered PAYD solution commercially available. Smart energy consumption algorithms in conjunction with Telit’s energy efficient GE865-QUAD module, which is fully certified by mobile network operators worldwide, allow PayGo to deploy the TTM Type B family in any regional market its customers offer auto insurance. The independence of all vehicle systems makes   PayGo the only TSP to offer devices appropriate for installation in all vehicle makes and model years.

The TTM Type B family incorporates a feature set designed to address specific insurance industry application requirements beyond basic UBI including distance travelled, minutes of use, trip start and end time and geo-zones where vehicle was driven – all in a continuous data collection stream. It is also able to notify appropriate service centers in real time about crashes and crash location, and to provide trip summaries (time, distance, etc.) via text message for each trip as well as curfew violations (time and geo-zone). The PayGo device is packaged in a cellphone-size enclosure requiring no external wires and  is ready to be affixed, out of the box, to the inside of the car’s windshield like a traditional toll-pass module. The unit is 100% self-powered and completely independent of any vehicle system, including power. To meet requirements from the insurance industry, the TTM Type B senses and reports installation of the device as well as tampering or post-installation removal. The products are fully FCC and CE certified.

The GE865-QUAD is the ideal solution for embedded cellular applications where small size and energy efficiency are crucial. Measuring only 22mm x 22mm x 3mm, the GE865-QUAD is significantly smaller than most cellular modules in the industry. It features an optimized power consumption profile with very low standby current compared to the majority of current competing products. Because of its extremely compact form factor and a rich set of features, including an on-board Python interpreter, it is well positioned for vertical application areas such as telemetry, mobile asset tracking telematics and telemedicine.

“PayGo’s data collectors are truly zero-installation devices which are very friendly for the broadest possible market that insurance carriers may ever want to reach”, said Dominikus Hierl, chief marketing officer at Telit Wireless Solutions. “PayGo has leveraged the extensive experience of its founders with consumer products and designed a superb feature-packed solution based on our battle-tested GE865-QUAD module.”

“PayGo’s goal is to provide its insurance clients with the industry’s best, proven, self-powered and zero-installation wireless communication device for monitoring, logging and transmitting usage and emergency vehicle data,” said Michael Erlich of PayGo. “Many insurers have been looking for a UBI/PAYD solution that is as simple to use as a toll-pass.  Well, now they have that.”

Ten years on, leveraging the industry’s broadest portfolio of hardware in cellular, short range and positioning technologies, artfully complemented by services and connectivity from m2mAIR, Telit is M2M’s One-Stop Shop for system integrators. By applying products and services in synergizing bundles, delivered with global support and logistics matching each individual need or want, Telit minimizes technical risk shortening time to market to the Internet of Things. Now, innovate!

About Telit

Telit Wireless Solutions (AIM: TCM listed under Telit Communications PLC), is a global enabler of machine-to-machine (M2M) communications providing cellular, short range and positioning module products; and through its business unit m2mAIR, M2M managed and value added services, including connectivity. Telit is M2M’s top one-stop-shop offering synergistic hardware and value added services bundles. With over 12 years exclusively in M2M, the company constantly advances technology through six R&D centers around the globe; and markets products and services in over 80 countries.

By supplying scalable products interchangeable across families, technologies and generations, Telit is able to curb development costs, protect design investments and reduce technical risk. The company provides customer support and design-in assistance through 27 sales and support offices, a global distributor network of experts with over 30 competence centers, and the Telit Technical Support Forum.

Telit connects organizations to the Internet of Things (IoT) allowing them to wirelessly collect, process and respond to real-world data from connected devices, creating new efficiencies, revenue streams, societal and personal benefits. Join the conversation and learn more about Telit and its customers’ innovative applications on Facebook and Twitter.

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