Youi is a provider of home and car insurance which purports to “tailors its products to ensure customers get the best possible price.”
Youi commenced business in March 2008 with the consent of The Australian Securities and Investments Commission (ASIC) and Australian Prudential Regulation Authority (APRA).
Youi is a signatory to the General Insurance Code of Practice, which Youi explains “is an industry commitment to raising standards of service to its customers. Youi will uphold these standards to provide efficient and professional service quality to the community and our policyholders in providing home building, contents and car insurance.”
Youi states that it “has embraced the growing need of online users with online insurance products aimed at people who are comfortable transacting via the internet. The benefits speak for themselves. By dispensing with some of the overheads that some of the more traditional insurance companies are burdened with, Youi’s able to offer great home building, contents or car insurance products, with more efficient service, at a better premium. At Youi, we also believe everyone is unique, therefore we don’t assume anything about our customers. We ask them. By knowing more about where you live and how you drive your car, we charge the right price, for the insurance risk. This means our customers may save money.”
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