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https://www.londonpandi.com/knowledge/modern-slavery-statement/
Submission Tags: falconsandbox
Submission: On December 05 via api from US — Scanned from DK
Submission Tags: falconsandbox
Submission: On December 05 via api from US — Scanned from DK
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Text Content
Our Cookie Policy - You’ll only see this message once The London P&I Club uses cookies on this website. They help us to know a little bit about you and how you use our website, which improves the browsing experience and marketing - both for you and for others. They are stored locally on your computer or mobile device. To accept cookies, continue browsing as normal. Or go to the cookie policy for more information and preferences. × The London P&I Club * About us Corporate Governance Mission & Values Sustainability Management Overview and Membership Annual Report History Europe Club Video Careers About us * Our Services P&I FD&D Annual Report Charterers' Cover Owners' Fixed Premium Cover War Risks, Kidnap & Ransom Offshore and Specialist Vessels Underwriting Ship Inspection Pollution Information Maritime Labour Convention Information Employers' Liability Register Correspondents Our Services * Knowledge Circulars News Alerts StopLoss Club News Sanctions Financial Crime Modern Slavery Statement Publications Videos from The London P&I Club Knowledge * Connect With Us * Members Area Enter a term to search the website Search for ships currently entered in the London P&I Club by their name or I M O number Search Search for correspondents in our global network by country or city Search MODERN SLAVERY STATEMENT Search for ships currently entered in the London P&I Club by their name or I M O number Search Search for correspondents in our global network by country/area or port/city Search The London P&I Club’s Modern Slavery and Human Trafficking Statement This Statement is made pursuant to section 54 of the Modern Slavery Act 2015 and constitutes The London P&I Club’s Modern Slavery Statement and is for the financial year ended 20 February 2024. Organisational structure, the Club’s business and supply chains The Club is a mutual P&I Club providing P&I, War Risks and FD&D cover to ship-owners and charterers worldwide. The Club provides claims handling and advisory services to its policyholders from its London, Piraeus and Hong Kong Offices, through the Managers (A Bilbrough & Co. Ltd) and a global network of correspondents. The Club’s supply chains include the supply of services, which encompass dealings with professional services providers such as the Managers, correspondents, auditors, lawyers, loss adjustors, and surveyors. The Club’s policies in relation to modern slavery and human trafficking The Club has a zero tolerance policy in respect of slavery and human trafficking and is committed to ensuring that there is no modern slavery or human trafficking in any part of its business, and where possible, in the Club or its Managers’ suppliers. The Club also encourages its Members to implement a zero tolerance policy in respect of modern slavery and human trafficking. The Club mitigates its modern slavery or human trafficking risks through its policies and procedures relating to: · Employment of staff and directors · Prevention of bribery and corruption · Compliance · Whistleblowing · Outsourcing · Claims handling · Risk management Risk Assessment The Club only deals with professional firms, does not act as a manufacturer or retailer of physical goods and has no supply chain in relation to such activities. Non-professional services such as facilities management, in-house catering and cleaning services are provided to the Club’s Managers in their UK, Greece and Hong Kong offices. The Managers are required to comply with the policies above. There is therefore minimal risk that the Club, or the professional firms which support its business activities are involved in, or complicit in, slavery and human trafficking. The Club’s due diligence and risk management processes in relation to slavery and human trafficking The Club’s Outsourcing Policy and related procedures provide guidance on the assessment of new third party service providers and details the due diligence processes to be performed prior to their appointment and the requirement for a written agreement to be in place. Where a risk has been identified, we shall check the service provider has taken steps to prevent modern slavery and human trafficking in its supply chain and, where applicable, obtain a copy of the supplier’s Modern Slavery Statement. In addition, the written agreement will be enhanced to include explicit terms to cover zero tolerance of modern slavery and human trafficking. Training provided to Directors and staff To maintain awareness and understanding of the Club’s obligations in accordance with the Modern Slavery Act, all staff and Directors of the Club’s Managers have been made aware of this Statement. Additionally, the Club’s Whistleblowing Policy enables them to report any concerns they might have with the Club’s compliance with applicable laws and ethical standards. Training on modern slavery and human trafficking has been provided to all staff, and annual reminders are issued. As part of their induction, all new staff must also undergo training on Modern Slavery and Trafficking. Guidance on this Policy Statement is also included in the Staff Handbook. No additional actions have been identified for the forthcoming financial year and beyond. The Club’s Directors reviewed and approved this Statement at its 16 July 2024 Board meeting. Signed by Anthony Jones, Director 17 July 2024 1. Home 2. Knowledge 3. Modern Slavery Statement * Disclaimer * Terms and Conditions * Privacy Notice * Cookie Policy * Modern Slavery Statement The London P&I Club is the trading name of The London Steam-Ship Owners' Mutual Insurance Association Limited and its subsidiary The London P&I Insurance Company (Europe) Limited. The London Steam-Ship Owners' Mutual Insurance Association Limited. Registered in England No 10341. Registered Office: 50 Leman Street, London, E1 8HQ. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The London P&I Insurance Company (Europe) Limited, a private limited liability company registered in Cyprus, No HE410091. Registered Office: Esperidon 5, 4th Floor, Strovolos, 2001, Nicosia. Supervised by the Superintendent of Insurance. Insurance licence No 183.