Jooycar leverages telematics and analytics to increase profitability for insurers and provides better affordable prices for end users. It started in Chile in 2016 as the first Auto Insuretech Company in LATAM, providing technology infrastructure with usage-based insurance (UBI) and I.T technology. Later, it expanded to Peru in 2020, developing a SaaS business to partner with insurance companies. Jooycar provides a better risk assessment and operational efficiencies to users with a differentiated product for low-risk customers and an opportunity to market penetration while end users receive a value-in-use product based on driving behaviors and low-mileage