news

AGM Business

As indicated in our recent Newsletter, the AGM will be held on Zoom on Wednesday, June 8 at 1400. Here is the link to register. The Agenda is here along with the minor amendments to the Memorandum and Rules indicated in the AGM notice. Other papers for the AGM will be emailed to those who register to attend.

Member Distribution Payment Process

Following approval at the Special General Meeting (“SGM”) last October, the Society registered new Rules which took effect on 1 January 2022. These provide for future benefits to be paid on a discretionary basis rather than under a contract of insurance. Read more

Special General Meeting Minutes

The minutes of the SGM held on 26 October 2021 are available here. Following the approval of the SGM resolution by members, we have registered the new Rules and are planning to commence the distribution to members in March. More information on both of these will follow.

New Rules

The new Memorandum and completely revised Rules were registered on 1st January 2022, and can be accessed here. The Old Rules will apply to claims starting in 2021, and which are submitted up to December 15th 2022.

New Members

The Society is pleased to welcome new members and will be processing membership applications in the normal way. Membership will not commence until the new Rules take effect which is expected to be 1 January 2022. New members’ attention is drawn to the Society’s Discretionary Mutual Model which is extracted from its recent Prospectus.

SGM voting result

Over 30 members attended the SGM and will know that there was a substantial vote in favour of the Society’s proposal to incorporate and offer benefits on a discretionary basis. We undertook to count all votes posted prior to the SGM and allow a further 7 days for their receipt. We can now announce that …

SGM voting result Read More »

New Members

We will not be processing new applications to join the Society until after the SGM on 26 October 2021 and only then if the resolution to become a discretionary mutual is approved. If the resolution is approved, applications to become a member will be processed from 27 October 2021 and new members will be admitted …

New Members Read More »