Modern Slavery Policy

This statement is made pursuant to s.54 of the Modern Slavery Act 2015.

Modern Slavery encompasses slavery, servitude, human trafficking and forced labour. The Company has a zero-tolerance approach to any form of Modern Slavery. We are committed to acting ethically and with integrity and transparency in all business relations and putting effective systems and controls in place to safeguard against any form of Modern Slavery taking place within our business or supply chain.

We recognise our obligations to all those with whom we have dealings – shareholders, employees, customers, clients, regulatory authorities, suppliers, competitors and the wider community. The Company demands and maintains the highest ethical standards in carrying out our business activities. Our reputation and the trust and confidence of those with whom we deal are of fundamental importance to the Company. Our values determine our behaviour and we must support and uphold them so that they are an integral part of day-to-day life.

Supply Chains

We partner with select service providers and third-party suppliers as part of our business model, such as IT services, etc. Our business consists of Insurance and Reinsurance mediation and associated policy management and claims activities. We do not act as a producer or retailer of physical goods and have no supply chains relating to such activities. However, we remain dedicated to ensuring that slavery and human trafficking are not taking place within our business or supply chains. We have in place due diligence procedures and outsourcing and supplier frameworks that are specifically designed to ensure that our suppliers, agents and partners are both compliant with the Modern Slavery Act and more broadly committed to human rights and ethical corporate practices.

Our People

We strive to recruit and treat employees fairly, avoiding modern slavery at all costs. We are committed to:

  • Recruiting and hiring employees in a fair, lawful and professional manner

  • Treating employees fairly during their employment, ensuring there is a culture of openness and clear guidelines on raising grievances or whistleblowing

  • Acting in line with Lloyd’s Diversity and Inclusion Charter

  • Managing the exit of an employee from the business in a fair and consistent manner as set out in the employee handbook and other internal documents

  • Providing fair working conditions for all employees including terms & conditions of employment, remuneration, defined working hours, health & safety, holiday entitlements and benefits.

Training

We will communicate this statement to our employees and include it as part of the induction materials to all new members of staff, to promote awareness of Modern Slavery.