Insurer Youi unveils new $73 million Sunshine Coast headquarters

Car and home insurer Youi has unveiled its new Sunshine Coast headquarters building at the Sippy Downs technology precinct.    

The completion of Stage 1 of the four-level building provides the insurer with 12,500 sqm of high-tech office space and accommodation for up to 1,700 staff.  

Stage 2 of the project will see a 12,500 sq m wing added to the new headquarters providing space to accommodate up to 3,000 staff.

“We are one of the region’s major employers and have been part of the Sunshine Coast since Youi commenced its Australian operation with 30 staff in 2008,” said Youi CEO Frank Costigan.

“The decision to build our new headquarters at Sippy Downs reinforces our commitment to growing with the community and providing additional employment opportunities across the region.”

He added that the new location places Youi close to the University of the Sunshine Coast that would enable a partnership.

The unveiling was attended by Mayor Mark Jamieson.

“Sunshine Coast Council has been working with Youi for the past decade as it grew from a start-up business to be one of the region’s major employers now based in this very impressive global HQ,” Mayor Jamieson said.

“Their investment is one of the largest non-governmental related investments in our Sunshine Coast’s history.”

The global headquarters will be home to all corporate positions including IT, marketing, HR and other professions.

It will also have an innovative advice hub where customers and public can drop in to discuss their insurance or obtain advice about Youi’s products, Costigan said.     

The energy efficient building is complimented by a sophisticated security entry system that does away with access cards by recognising each employee.

The close to 900 staff will move in to the new office from its offices on Lake Kawana at Birtinya before Christmas.