Governance and Management

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

Specialist in individual and workplace health insurance schemes

Full Notice of Annual General Meeting

The 2020 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 5 November 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”.

2. To confirm the Minutes of the 2019 Annual General Meeting.
“That the Minutes of the fortieth (40th)) Annual General Meeting held on Thursday 24 October 2019, be confirmed as a true and accurate record”.

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

3. To receive and consider the annual financial statements and Auditor’s report for the year ended 30 June 2020.
“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 2020 will be available for review by members at the meeting.

4. To appoint an auditor for the ensuing year.
“That PKF Goldsmith Fox Audit, be appointed as Auditor for the 2020 / 2021 financial year”.

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

5. To record the re-election of Angus McConnell to the Board. In accordance with the Society’s Rules, nominations were called for members of the Board on 29 August 2020. No other candidates were validly nominated, so Angus McConnell will be deemed to be re-elected at the Annual General Meeting.

6. 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 2020 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 4 November 2020.

By order of the Board

E Richardson
UniMed
Administration Secretary
PO Box 1721
Christchurch 8140

10 October 2020

UniMed’s Board

Top left to right: Chris Flatt, Ben Kepes, Tim McGuinness (Deputy Chair), Jane Huria (Chair),
Bottom left to right:  Peter Tynan, Angus McConnell

UniMed’s Senior Management Team

Left to right: Dean Munt (GM Customer), Toni Twells (GM Operations), Dita Ciulacu (CIO), Dermot Martin (Chief Executive), Barry Donaldson (CFO)