OUTsurance Group Limited Overview
Pro stress-test →OUTsurance Group Limited is a multinational property and casualty insurance company headquartered in South Africa with operations across South Africa, Australia, and Ireland. The company provides comprehensive short-term and long-term insurance products including motor, home, business, life, and pet insurance to individuals and SMEs.
Strategic Profile
Pro stress-test →OUTsurance has established a diversified geographic footprint through its core South African operations (personal and business insurance) and the Youi brand in Australia, complemented by investments in fintech and asset management. The company demonstrated strong growth momentum with 21.19% revenue increase in 2024, reflecting expanding market presence and operational efficiency gains across its segments.
Competitive Landscape
Pro stress-test →OUTsurance competes in fragmented global insurance markets against established regional and international players. In South Africa, it faces competition from major insurers including Sanlam, Allianz, and Old Mutual. In Australia, Youi competes with Allianz, IAG, and niche competitors. The company's direct-to-consumer model and technology-driven approach differentiate it from traditional brokers.
Industry Context
OUTsurance Group Limited operates in Property & Casualty Insurance.
Key facts
Founded: 1998 · Headquarters: Centurion, South Africa · Employees: 35,000 · Revenue: 34.13B ZAR · Market cap: 120B ZAR