Youi overview

Youi Holdings Pty Ltd is a subsidiary of OUTsurance International Holdings Pty Limited, part of the Rand Merchant Insurance Holdings (RMIH) Group. Youi Australia (Youi Pty Ltd) was founded in March 2008 and is an APRA regulated and ASIC registered general insurance company. Youi New Zealand (Youi Pty Limited) was founded in August 2014 and is regulated by the Reserve Bank of New Zealand (RBNZ) and the Financial Markets Authority (FMA)

Youi Pty Ltd is a registered general insurance company which underwrites its own policies. Its products currently include Vehicle (Car, Motorcycle, Caravan and Trailer), Home (Buildings and Contents), Watercraft and Business Liability (Australia only).

In September 2019 Tower Insurance announced its plans to buy Youi New Zealand for $13m. At the time of the announcement, Youi had 34,000 home contents and motor policies. Youi has stated it will focus on scaling its Australian business following the sale. The deal was settled in January 2020.

Youi has a combined team of more than 1400 employees and has sold more than 1 million customer policies.

Map showing the location of Youi

Caloundra, Australia

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Key people

Jason Storey COO
Tanya Cain CFO and Strategic Leadership Partner
Hugo Schreuder CEO