Youi is an Australian
insurance company
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ...
. Its services cover vehicles, homes, product liability, and watercraft.
Youi was founded in 2007 by its parent company
OUTsurance and is headquartered in
Queensland
Queensland ( , commonly abbreviated as Qld) is a States and territories of Australia, state in northeastern Australia, and is the second-largest and third-most populous state in Australia. It is bordered by the Northern Territory, South Austr ...
, Australia.
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.
In 2014, OUTsurance launched Youi New Zealand as the subsidiary of Youi Australia.
As of 2022, the company is headquartered in
Queensland
Queensland ( , commonly abbreviated as Qld) is a States and territories of Australia, state in northeastern Australia, and is the second-largest and third-most populous state in Australia. It is bordered by the Northern Territory, South Austr ...
, Australia. In September 2019, Youi sold its 34,000 New Zealand policies to
Tower
A tower is a tall Nonbuilding structure, structure, taller than it is wide, often by a significant factor. Towers are distinguished from guyed mast, masts by their lack of guy-wires and are therefore, along with tall buildings, self-supporting ...
.
Youi opened an office in
Sydney
Sydney is the capital city of the States and territories of Australia, state of New South Wales and the List of cities in Australia by population, most populous city in Australia. Located on Australia's east coast, the metropolis surrounds Syd ...
in 2022.
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.
in Australia and New Zealand.
Youi offers over 100 APIs, which are used to integrate with third-party systems.
References
{{reflist
External links
Youi official websiteYoui official twitter
*https://www.facebook.com/YOUI/
*https://www.youtube.com/@Youi_Insurance
*https://www.instagram.com/youi_insurance/
Insurance companies of Australia
Companies based in Queensland
Financial services companies established in 2007
2007 establishments in Australia