Modern Slavery Act

ITIC - Modern slavery and human trafficking statement

This statement is made on behalf of International Transport Intermediaries Club Ltd ("ITIC") pursuant to Section 54, part 6 of the Modern Slavery Act 2015.

ITIC is the leading provider of insurance and related risk management services to the international transport industry. From the world’s largest ship agency, broking and management businesses to individual agents and designers, it provides quality tailor-made cover for its members. As a mutual insurer it is accountable in the UK to both the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA).

ITIC, however, has no employees and has limited supply chains. The management of ITIC is outsourced to International Transport Intermediaries Management Company Limited ("ITIM"), a company wholly owned by Thomas Miller. Thomas Miller employs all the staff that are employed on ITIC’s business. Thomas Miller effects all contracts necessary to run ITIC whether in its own name or on behalf of ITIC. Thomas Miller has its own statement in respect of the Modern Slavery Act 2015 which can be found at its website www.thomasmiller.com.

ITIC recognises that all businesses have an obligation to prevent slavery and human trafficking. As an international firm ITIC always works to the highest professional standards and seeks to comply with all laws and regulations applicable to business. Its procurement and employment practices ensure that those employed to further ITIC’s business are supportive and ethical employers.

ITIC expects the same high standards from its third party suppliers with regard to ensuring that there is no modern slavery or human trafficking in its supply chain. Through the managers, Thomas Miller, ITIC 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 its suppliers.

Further as part of its Risk Management framework, ITIC and the managers operate a range of policies and procedures. Within this framework ITIC’s business is managed to ensure that ITIC is in compliance, at all times, with all the laws and regulations relating to it, including, for these purposes, the Modern Slavery Act 2015.

ITIC, through its managers, has communicated this statement to all existing and new employees, to ensure a high level of understanding of the risks of modern slavery and human trafficking. In complying with this statement ITIC has;

• Asked all its representatives that it works with to confirm compliance with the provisions of the Modern Slavery Act.
• Confirmed that Thomas Miller is in compliance with the provisions of the Modern Slavery Act and has posted a statement on its website and has procurement policies in place that give effect to the provisions of the Act.

18th July 2024