{"id":178153,"date":"2025-12-11T01:03:07","date_gmt":"2025-12-11T01:03:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/178153\/"},"modified":"2025-12-11T01:03:07","modified_gmt":"2025-12-11T01:03:07","slug":"acc-announces-chief-executive-megan-main-wont-seek-reappointment-news-comes-as-organisational-change-looms","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/178153\/","title":{"rendered":"ACC announces chief executive Megan Main won\u2019t seek reappointment; News comes as organisational change looms"},"content":{"rendered":"

The Government has been urging ACC to be more scrupulous to put a lid on soaring claims costs.<\/p>\n

For some months, it has been sitting on a report on ACC\u2019s claims management processes, which it got actuaries at Finity Consulting to do.<\/p>\n

ACC Minister Scott Simpson is expected to unveil changes to the way the insurer operates, on the back of the report, next week.<\/p>\n

He recognised Main had led the organisation \u201cduring a period of significant change and scrutiny\u201d.<\/p>\n

\u201cMegan has remained focused on delivering the core roles of ACC,\u201d Simpson said. <\/p>\n

\u201cMegan has worked with the board and partners to improve client outcomes and strengthen service delivery. Recent results are promising.\u201d<\/p>\n

ACC has been making headlines<\/a> for taking a tougher approach towards moving claimants off support.<\/p>\n

In July, it committed to halving the annual growth rate<\/a> of the pool of people it supports for more than a year (via weekly compensation) from 13% in 2023\/24 to 6.6% in 2025\/26, and to 3.8% the following year.<\/p>\n

With ACC registering more than two million claims in 2023\/24, it aims to slow its overall claims growth so that it no longer surpasses population growth.<\/p>\n

The cost of ACC has been making it harder for the Government to follow through on its commitment to get its books back in surplus. Indeed, it has gone so far as to create a new, rosier measure of its surplus\/deficit that excludes the impact of ACC.<\/p>\n

Main said that serving as chief executive had been a \u201chuge privilege\u201d.<\/p>\n

\u201cI\u2019m proud of the performance improvements we\u2019ve collectively achieved in this time, and I\u2019m confident that we\u2019ve got the right plan to set ACC up to deliver even better outcomes for New Zealanders into the future,\u201d she said.<\/p>\n

\u201cI am grateful to work alongside such dedicated people who care deeply about ACC\u2019s purpose. ACC has been a big part of New Zealand for over 50 years, and I wish ACC every success for the next 50.\u201d<\/p>\n

The ACC board will start recruiting for a new chief executive. Main will continue working with the board to ensure a smooth transition.<\/p>\n

She took up the role under the Labour Government in November 2021.<\/p>\n

Before that, Main was instrumental in running the managed isolation regime during the pandemic, as an executive at the Ministry of Business, Innovation and Employment.<\/p>\n

Jen\u00e9e Tibshraeny is the Herald\u2019s Wellington business editor, based in the parliamentary press gallery. She specialises in government and Reserve Bank policymaking, economics and banking.<\/p>\n

Stay ahead with the latest market moves, corporate updates, and economic insights by subscribing to our Business newsletter<\/a> \u2013 your essential weekly round-up of all the business news you need.<\/p>\n","protected":false},"excerpt":{"rendered":"The Government has been urging ACC to be more scrupulous to put a lid on soaring claims costs.…\n","protected":false},"author":2,"featured_media":178154,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[2246,59784,1081,694,806,138,12974,3937,8608,334,113919,4726,3938,112321,12814,3120,102536,111,43,139,12885,69,6029,113917,113918,113916,11925,1335,14443],"class_list":["post-178153","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-2246","tag-acc","tag-accident","tag-announces","tag-as","tag-business","tag-change","tag-chief","tag-comes","tag-compensation","tag-corporations","tag-ends","tag-executive","tag-fiveyear","tag-looms","tag-main","tag-megan","tag-new-zealand","tag-news","tag-newzealand","tag-november","tag-nz","tag-once","tag-organisational","tag-reappointed","tag-reappointment","tag-seek","tag-term","tag-wont"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/178153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=178153"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/178153\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/178154"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=178153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=178153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=178153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}