Today is a significant day in the history of Queensland Country, with Queensland Country Health Fund formally being acquired by HBF. The Health Fund has been a part of our organisation for more than 22 years and has made a significant contribution to the products we have been able to offer our Members.
Queensland Country Health Fund has built an incredible reputation, particularly in regional Queensland and has the biggest market share in a number of the communities we operate in.
Aaron Newman, Queensland Country Bank CEO says, “We will continue to have a long working relationship with HBF, with the Bank continuing to sell health insurance through our branch network and other channels.
“This acquisition is a great step for Queensland Country Health Fund.
“Queensland Country Health Fund employees and Members will leverage the benefits of HBF’s robust scale whilst continuing to be supported and serviced by an organisation that has a strong cultural alignment and member-first ethos. Similarly, both organisations have a strong track record of delivering excellent health cover outcomes for regional Australians.”
“Today also marks an exciting new chapter for the Bank as we take advantage of the growth opportunities the organisation has as a result of the acquisition that will enable us to become a major regional Queensland bank.”
Further expansion plans and digital transformation will be a key focus for the bank moving forward.