2020 Modern Slavery Act
Statement for the Financial Year Ended 31 December 2019
This statement is made pursuant to section 54 of the Modern Slavery Act 2015 and covers the period from 1 January 2019 to 31 December 2019. It sets out the steps that UIB Holdings (UK) Limited (UIBH) undertook in 2019 – and is continuing to take in 2020 – to ensure that modern slavery or human trafficking is not taking place within our business or supply chain.
Our organisation
UIBH is a holding company, and as such has no employees, and has a very limited supply chain of its own.
The group headed by UIBH consists of companies which are leading insurance/reinsurance brokers in their chosen fields of business, trading under the highly respected name of UIB. The group is present in North Africa and the Middle East, South America, the Indian sub-continent, Asia and Europe, and has a subsidiary which is a Lloyd’s broker in London.
Action taken to date
Our guiding principles, which were reviewed and in this respect (among others) updated in November 2019, include a statement on Modern Slavery, which in its updated form has been cascaded across the UIB group. The guiding principles are as follows:–
- UIBH has a zero tolerance towards modern slavery, and expects group employees, and those the group deals with, to uphold UIBH’s high values.
- UIBH is fully committed to ensuring that there is no modern slavery or human trafficking in its supply chains, and that everyone’s fundamental rights are respected.
During 2019 we have liaised with group companies around the world, who have started the process of analysing their respective supply chains and planning the steps they propose to take to address any issues of modern slavery or human trafficking which that investigative process unveils.
Actions planned
We are committed:
- to build on the progress made in 2019 in all group companies;
- with other group companies to design appropriate programmes to address any issues that we may find that any group company may have around modern slavery or human trafficking;
- to move to the next phase in our action plan, which is to help all group companies plan locally tailored steps to take in the light of the results of these actions.
Approval of this statement
This statement was approved by the board of directors on 25th February 2020.
B.S. Kabban, Director
UIB Holdings (UK) Limited
25th February 2020