The only thing the reinsurers would do is laugh your idea out of the room !
Time will tell I guess.
You can bet that Allianz are not laughing right now.
Communication technology continues to evolve rapidly. What seems expensive or not practical or not justified on a cost:benefit analysis today may (probably will) soon become routine.
Even today there are handheld units that cost a few hundred $ (e.g. Spider tracks) that determine GPS location every minute and transmit it via Iridium at a few cents a message.