That's my question: is the tracker just for recovery in case of theft, or are the auditing your driving habits, speed, etc? I'm less opposed to the former (wouldn't want it to be an absolute requirement due to cost) but the second is a hard NO. Some insurance companies in the USA offer that as an incentive - "plug in our tracking dongle and prove you're a good driver and get a discount", but I don't know of any where it's a requirement, unless perhaps for some high risk insurees like those just coming off a suspension due to moving violation convictions or drunk driving.
I get a discount for having an "Immobilizing Electronic Alarm". Which, in my case, is a Xena disc brake lock that yelps like mad if you rustle the bike. Hey, it's electronic and, short of an angle grinder or some liquid nitrogen and a hammer, that bike's not rolling anywhere.