Youi | |
Type: | Private |
Industry: | Insurance |
Predecessors: | --> |
Founded: | 2007 |
Founders: | --> |
Successors: | --> |
Hq Location: | 2 Smart Dr, Sippy Downs QLD 4556 |
Hq Location City: | Queensland |
Hq Location Country: | Australia |
Areas Served: | --> |
Key People: | Nathaniel Simpson (CEO) |
Owners: | --> |
Parent: | OUTsurance |
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]
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, 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.