Youi Explained

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]

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, 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.

External links

Notes and References

  1. Web site: Youi Insurance Products / For Individuals Youi . 2022-12-19 . www.youi.com.au.
  2. Web site: Youi car insurance comparisons for July 2022 | Mozo. mozo.com.au.
  3. Web site: About Youi Our Approach, Purpose & Vision for Insurance . 2022-12-19 . www.youi.com.au.
  4. https://www.couriermail.com.au/business/citybeat/qld-insurance-giant-youi-hiring-hundreds-of-staff-amid-expansion/news-story/1604576a7b7a5bb26c1535c0517d89cc Youi hires more than 200 staff in Qld
  5. Web site: OUTsurance Holdings Limited 2015 Annual Report. 30 June 2015. OUTsurance Holdings Limited. 2016-03-23.
  6. Web site: Youi unveils new $73 million Sunshine Coast headquarters. November 17, 2017. Sunshine Coast Council.
  7. Web site: South African insurer Youi sells its 34,000 New Zealand policies to Tower. Rob. Stock. September 24, 2019. Stuff.
  8. Web site: Youi Customer Alert Youi Insurance . 2022-12-19 . www.youi.com.au.
  9. Web site: Youi opens Sydney office - Corporate - Insurance News - insuranceNEWS.com.au. www.insurancenews.com.au.
  10. Web site: Libatique . Roxanne . Youi announces new roadside assistance partner . www.insurancebusinessmag.com.
  11. Web site: Roadside Assistance Australia | Youi Insurance . www.youi.com.au.