Youi
Australian insurance company
From Wikipedia, the free encyclopedia
Youi is an Australian insurance company. Its services cover vehicles, homes, product liability, and watercraft.[1][2] Youi was founded in 2007 by its parent company OUTsurance[3] and is headquartered in Queensland, Australia.[4]
| |
| Company type | Private |
|---|---|
| Industry | Insurance |
| Founded | 2007 |
| Headquarters | Sippy Downs, , |
Area served | Australia |
Key people | Nathaniel Simpson (CEO) |
| Products | vehicle, home and contents insurance, roadside assistance and small business insurance |
| Services | |
Number of employees | 1,700 (2024)  |
| Parent | OUTsurance |
| Website | www |
Overview
Youi was founded in 2008 by its parent company OUTsurance, making it the first African company to set up an insurance firm in Australia. OUTsurance is also a Rand Merchant Investment Holdings subsidiary, a South African investment holding company.[5]
In 2014, OUTsurance launched Youi New Zealand as the subsidiary of Youi Australia.[5] As of 2022, the company is headquartered in Queensland, Australia.[6] In September 2019, Youi sold its 34,000 New Zealand policies to Tower.[7][8]
Youi opened an office in Sydney in 2022.[9]
The company provides insurance services and insurance products that include car insurance, home insurance, business liability, motorcycle insurance, caravan insurance, trailer insurance,[1] and roadside assistance.[10][11] in Australia and New Zealand.
Youi offers over 100 APIs, which are used to integrate with third-party systems.[citation needed]