Governance and Management

UniMed – one of NZ’s top four health insurance companies

Specialist in individual and workplace health insurance schemes

Full Notice of AGM

The 2019 Annual General Meeting of Union Medical Benefits Society Limited (UniMed) will be held at the Rydges Latimer Christchurch, 30 Latimer Square, Christchurch 8011 on Thursday 24 October at 6.00pm.

Business

The following resolutions will be considered, and if thought fit, passed, as ordinary resolutions:

  1. Apologies

 “That the apologies be accepted”.

 

  1. To confirm the Minutes of the 2018 Annual General Meeting.

“That the Minutes of the thirty-ninth (39th) Annual General Meeting held on Thursday
25 October 2018, be confirmed as a true and accurate record”.

Background note:  Draft minutes will be available for review by members at the meeting.

 

  1. To receive and consider the annual financial statements and Auditor’s report for the year ended 30 June 2019.

 “That the Annual Financial Statements as tabled be received, and the Auditor’s Report be adopted”.

Background note:  The Annual Report for UniMed for the year ended 30 June 2019 will be available for review by members at the meeting.

 

  1. To appoint an auditor for the ensuing year.

“That PKF Goldsmith Fox Audit, be appointed as Auditor for the 2019 / 2020 financial year”.

Background note:  PKF Goldsmith Fox Audit is the current auditor for UniMed.

 

  1. To record the election of two Board members.

“To record the election of two new Board members as determined by member votes”. 

Background note:  Two Board positions are available at the AGM.  In accordance with the Society’s Rules, Christopher Ian Flatt, Anthony Joseph McCabe, and Peter John Tynan have been validly nominated for the available positions.

Profiles for each candidate can be viewed at the end of this Notice.

Members can vote by completing a voting paper and submitting it in person at the meeting or with your proxy if attending by proxy.  Proxies must be received by UniMed no later than 6pm on 23 October 2019.

More details about voting and proxies are included below.

 

  1. To fix the remuneration for the Board.

“That the elected Board members receive remuneration for the current financial year of the global sum recommended to the meeting by the Board available for distribution amongst the elected Board members of the Board effective from 1 July 2019 in such sums as it may from time to time be determined by the Board”.

Background note:  The Board considers board remuneration prior to the annual general meeting, having regard to current remuneration and market rates, and the financial position of UniMed, amongst other things.  The Board reports to members on its recommendation as to Board remuneration for elected directors at the Annual General Meeting.  Remuneration for co-opted Board members is set by the Board.

 

Voting/Proxy

Any member entitled to attend and vote at the meeting may vote either by being present in person or by proxy.  A proxy must be appointed by a signed, written notice.  A proxy form is available from the Society or on the Society’s website: www.unimed.co.nz.  To be effective the proxy form must be deposited at the Society’s office (165 Gloucester Street, Christchurch) by 6pm on 23 October 2019.

 

Board candidate profiles

 Christopher Ian Flatt

 Anthony Joseph McCabe

 Peter John Tynan

 

 

By order of the Board

E Richardson
Administration Secretary
PO Box 1721
Christchurch 8140

 

28 September 2019

UniMed’s Board

Left to right: Angus McConnell, David Rowland, Jane Huria (Chair), Glenn Barnes, Tim McGuinness

UniMed’s Senior Management Team

Left to right: Dermot Martin (CEO), Dean Munt (GM Customer), Barry Donaldson (CFO)
Not pictured:  Toni Twells (GM Operations)