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Youi
Company typePrivate
IndustryInsurance
Founded2007
Headquarters2 Smart Dr, Sippy Downs QLD 4556,
Queensland
,
Australia
Key people
Hugo Schreuder (CEO)
Products
Services
ParentOUTsurance
Websitewww.youi.com.au

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]

Overview

Youi was founded in 2007 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 has over 100 APIs, which are used to integrate third-party systems. The APIs are run by Youi's Communication (Comms) team.

References

  1. ^ a b "Youi Insurance Products / For Individuals | Youi". www.youi.com.au. Retrieved 2022-12-19.
  2. ^ "Youi car insurance comparisons for July 2022 | Mozo". mozo.com.au.
  3. ^ "About Youi | Our Approach, Purpose & Vision for Insurance". www.youi.com.au. Retrieved 2022-12-19.
  4. ^ Youi hires more than 200 staff in Qld. The Courier Mail.
  5. ^ a b "OUTsurance Holdings Limited 2015 Annual Report". OUTsurance Holdings Limited. 30 June 2015. Retrieved 2016-03-23.
  6. ^ "Youi unveils new $73 million Sunshine Coast headquarters". Sunshine Coast Council. November 17, 2017.
  7. ^ Stock, Rob (September 24, 2019). "South African insurer Youi sells its 34,000 New Zealand policies to Tower". Stuff.
  8. ^ "Youi Customer Alert | Youi Insurance". www.youi.com.au. Retrieved 2022-12-19.
  9. ^ "Youi opens Sydney office - Corporate - Insurance News - insuranceNEWS.com.au". www.insurancenews.com.au.
  10. ^ Libatique, Roxanne. "Youi announces new roadside assistance partner". www.insurancebusinessmag.com.
  11. ^ "Roadside Assistance Australia | Youi Insurance". www.youi.com.au.

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