Accuro members vote overwhelmingly in favour of UniMed merger

Accuro's rules and the Industrial and Provident Societies Act required two separate meetings and votes and the first one saw 92.8% of those voting in favour while the second garnered 96.1% support.

“Combining the resources and capabilities of the two not-for-profit mutual societies is the best way to meet the challenges in the health insurance market and is in the best interests of Accuro members,” says Accuro chair Marion Guy.

“The board is pleased with the very strong support received from those members.”

The merger now requires the Reserve Bank's approval – RBNZ is the insurance industry's prudential regulator.