Youi Announces New Chief of Corporate Affairs & Governance

We are thrilled to announce the appointment of Russell Redsell as Youi Insurance 's new Chief of Corporate Affairs and Governance, effective from 1st July 2023.

With a wealth of experience and a proven track record of building in-house teams, Mr. Redsell will spearhead the launch and implementation of a new function that will oversee Corporate & Regulatory Affairs, Legal and Governance, including first-line Risk and Compliance.

Mr. Redsell has been an invaluable part of Youi's Executive Team since late 2018, holding various key positions such as General Counsel, Executive General Manager Legal & Compliance, and Acting Chief Risk Officer. Prior to joining Youi, he garnered valuable experience during his tenure at Bank of Queensland and within private legal practices both in Australia and the UK.

Recognised within the industry, Mr. Redsell was named the winner of the Top 100 Governance Professionals in Australia in 2021. He played a pivotal role in transforming Youi's in-house Legal function, which received numerous accolades including the prestigious In-house Insurance Team of the Year Award at the Australasian Law Awards in 2022 and, most recently, the Insurance In-house Team of the Year in the Lawyer's Weekly Corporate Counsel Awards.

Our CEO, Nathaniel Simpson , expressed his excitement about Russell taking on this new position, stating, “I’m thrilled that Russell is taking on this exciting new position on Youi’s Executive Team. As Youi continues to grow, this new function under Russell’s leadership is poised to make significant contributions to our business, enabling our company to navigate evolving industry challenges, uphold best practices, and maintain a strong foundation for sustainable growth at a time that climate change is impacting Australia’s insurance market.”?

Speaking about his new journey, Mr. Redsell said, “Stepping away from having a reference to 'Legal' in my title for the first time, I embark on an exciting new journey. I look forward to leveraging my experience to establish and grow Youi's newest function, which will be responsible for ensuring compliance with regulatory requirements, fostering transparency and accountability with our partners and suppliers, mitigating risks, and safeguarding Youi's brilliant reputation.”?

Please join us in congratulating Russell Redsell on his well-deserved appointment as our Chief of Corporate Affairs and Governance. We look forward to his invaluable contributions as we continue to deliver exceptional insurance solutions and maintain our commitment to excellence.