Global reinsurance giant Swiss Re has entered an alliance with Latin American auto insurtech Jooycar to boost auto insurance telematics benefiting small and medium-sized commercial fleets in Mexico.
The insurtech will offer its fleet management service, “Fleetr by Jooycar”, to the Mexican market, which it states was a success in its first year of operations in the US, having over 6 thousand cars connected.
Swiss Re aims to support the Mexican insurance market to better understand the fleet segment, taking advantage of its experience in risk modelling and its telematics data analysis capacity.
