Anti-slavery statement

This statement is made pursuant to section 54 of the Modern Slavery Act 2015. It applies to the operating companies of Aventum Group Limited and their operations in the United Kingdom and to all persons who work for or on behalf of Aventum in respect of such operations.

We have a zero-tolerance approach to modern slavery and are committed to acting ethically and with integrity in all our business dealings and relationships and to implementing and enforcing effective systems and controls to ensure modern slavery is not taking place anywhere in our own business or in any of our supply chains.

The statement covers the period for the financial year ending 30 June 2022 and describes Aventum’s present and ongoing commitment to prevent modern slavery and human trafficking from taking place in Aventum supply chains and business.

Background

Aventum is a (re)insurance group that operates across both the underwriting and broking sectors. Aventum is registered in the United Kingdom and employs over 350 people the majority of whom are based in the United Kingdom and it transacts with customers on a worldwide basis. 

Aventum does not operate in a sector where modern slavery is prevalent and has not identified any modern slavery concerns.

Our policies on slavery and human trafficking

We have appropriate policies in place that underpin our commitment to ensure that there is no modern slavery or human trafficking in our supply chains or in any part of our business. We continuously review and update all our policies.

Our Anti-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.

Due diligence processes for slavery and human trafficking

We have in place systems to:

·        Identify and assess potential risk areas in our supply chains.

·        Mitigate the risk of slavery and human trafficking occurring in our supply chains.

·        Monitor potential risk areas in our supply chains.

·        Protect whistle blowers. 

Supplier adherence to our values

We have zero tolerance to slavery and human trafficking and expect our suppliers to manage their business and supply chain in a manner that respects human rights as set out in the International Bill of Human Rights and the UN Guiding Principles on Business and Human Rights

To ensure all those in our supply chain and contractors comply with our values we have in place a due diligence  supply chain  programme to assess our potential suppliers.

Training

To ensure a high level of understanding of the risks of modern slavery and human trafficking in our supply chains and our business, we provide training to our staff.

Approval

This statement has been approved by the Board on 31st January 2023. This statement is  reviewed and updated annually.

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