Modern slavery and human trafficking
This Statement is made on behalf of TT Club Mutual Insurance Ltd ("TT Club") pursuant to Section 54, part 6 of the Modern Slavery Act 2015.
TT Club is the leading provider of insurance and related risk management services to the international transport and logistics industry. From the world's largest logistics businesses to individual transport operators, it provides quality tailor-made cover for its members. As a mutual insurer it is regulated in the UK by both the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA).
The Club has no employees and has a limited supply chain. The management of the Club is outsourced to TTMS (UK) a company managed by Thomas Miller and Thomas Miller employs all the staff that are deployed on the Club's business. Further Thomas Miller effects all contracts necessary to run the Club whether in its own name or on behalf of the Club. Thomas Miller has its own Statement in respect of the Modern Slavery Act 2015 which can be found at its website www.thomasmiller.com.
The TT Club has an obligation to prevent slavery and human trafficking and this obligation in part is met through the Club's Risk Management Framework which contains a range of relevant policies and procedures. The Club expects the same high standards as it imposes on itself from the third party suppliers with which it engages to ensure that there is no modern slavery or human trafficking in the supply chains of which they are part and which ultimately serve the Club. Through the Managers, Thomas Miller, the Club has procurement procedures in place for professional services and also for goods and services other than professional services, where the requirements of the Modern Slavery Act are mandated when considering the suitability of potential suppliers.
Thomas Miller has a number of overseas offices which serve the Club's business. The approach to employment and to the use of third parties is the same in those offices as for those in in the UK, except where local regulations stipulate differently.
TT Club through its Managers has communicated this Statement to all existing employees and communicates it to all new employees, to ensure a high level of understanding of the risks of modern slavery and human trafficking.Charles Fenton
CEO, TT Club
20 May 2020