Outsurance
Information by Research Trustfinance
Founded in 1998 in South Africa, Outsurance pioneered the direct insurance model in the country, removing the intermediary broker to deal directly with clients. The company is renowned for its innovative offerings, such as the OUTbonus, a cash-back reward given to clients who remain claim-free for three consecutive years. Its business model focuses on providing value-for-money insurance products, including vehicle, home, business, and life insurance, supported by a strong emphasis on customer service and data-driven risk assessment. The company has since expanded internationally, most notably establishing the successful Youi brand in Australia.
South Africa
Industry
- InsurancePRIMARY
Financial
HQ Location