Modern Slavery Statement
Modern Slavery Statement - 2017
This statement has been published in accordance with the Modern Slavery Act 2015 (the “Act”). It sets out the steps taken by AmTrust during year ending 31 December 2017 to prevent modern slavery and human trafficking in its business and supply chains. Reporting on these issues allows the public, consumers, employees and investors to know what steps an organisation is taking to tackle modern slavery and have greater confidence in the goods and services that they buy.
This Statement applies to AmTrust International Limited and other entities within the AmTrust group of companies as set out below (collectively AmTrust).
During 2017, we focused our efforts on the Amtrust entities registered in the UK. A list of Amtrust entities identified in scope of the Act can be found below.
We understand that modern slavery risk is not static and will continue taking actions to mitigate this risk in the year ahead, building on the work already done and including directly engaging our suppliers to do all they can to eradicate it.
We will also assess the effectiveness of the measures taken thus far by reviewing staff training and the measures in place with regard to supply chain due diligence.
AmTrust is a global provider of insurance and associated administration. The services AmTrust provides are generally regulated activities and subject to the supervision of the relevant competent authorities in the jurisdictions we operate.
AmTrust International Limited is the parent company of AmTrust Europe Limited, AmTrust at Lloyd’s Limited, Car Care Plan Limited, Motors Insurance Company Limited, Composite Legal Expenses Limited, ARC Legal Assistance Limited, Collegiate Management Services Limited and Gadget Repair Solutions Limited and AmTrust International Underwriters DAC a company within the AmTrust Group (collectively “AmTrust”). AmTrust has over 1,500 employees operating in Europe and Asia.
AmTrust’s Modern Slavery Policy reflects our commitment to acting ethically and with integrity in all our business relationships and to implementing and enforcing effective systems and controls to ensure slavery and human trafficking is not taking place anywhere in our supply chains. Amtrust has a Modern Slavery Policy and other documents that contribute to managing the risks of modern slavery. During the year, we have conducted a review of the existing policies to ensure that there are references to these risks, where possible.
During 2017, we have:
- Reviewed the risks of modern slavery within our own business.
We considered the nature of our business, which is mainly office-based work and the implementation and effectiveness of the policies we have in place to support human rights, as well as controls and procedures embedded in our hiring practices.
- Conducted due diligence on our suppliers.
We have reviewed our procurement procedure, and gathered information from our suppliers to create a central database of our suppliers.
- Contract terms
We have contractual provisions to set out our expectations regarding modern slavery. These are included in our standard template agreements, including but not limited to, suppliers of goods and services for any new arrangements.
- Provided training
Procurement managers have received basic training, which covers the offences as defined in the Act and how to identify warning signs of modern slavery.
- Reporting mechanisms
Employees, business partners and suppliers with concerns regarding modern slavery can report them through the following channels;
- Independent reporting service: RightCall
Telephone: 0800 915 4043
- To our Compliance department
We are committed to continue improving our approach to respecting human rights and preventing modern slavery. As part of this approach in 2018, we will:
- Develop our existing supplier due diligence
- Review and, where necessary improve processes created in 2017 to manage the risk of modern slavery.
- Deliver training to our procurement and supplier management employees, and other employees as appropriate.
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes AmTrust’s slavery and human trafficking statement for the financial year ending 31 December 2017. It was approved by the Board of AmTrust International Limited [ ] 2018.
Chief Executive Officer, AmTrust International Limited
Date: January 2018