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Modern Slavery and Human Trafficking Statement

Introduction

At Acromas Insurance Company Limited (“AICL”), we are committed to carrying on our business operations responsibly and to acting ethically and with integrity in all business dealings and relationships. We are committed to implementing and enforcing effective systems and controls to ensure slavery and human trafficking do not take place in our own business or in any of our supply chains.

About AICL

AICL is an insurance company authorised pursuant to the laws of Gibraltar to effect and carry out contracts of insurance which are sold to customers through intermediaries within the Saga Group, the AA plc group and the RAC. AICL underwrites products to include motor, home, pet and breakdown.

AICL employs over 40 people who are largely based in Folkestone Kent.

As a business we buy a wide range of things, from claims management services, claims services suppliers (including vehicle repair, hire car, legal, claims investigation, loss adjusting and surveying), audit and consultancy services, reinsurance and IT systems. Some of these things we use in our own business and others we use as part of the services we provide to our customers.

As a member of the Saga Group, AICL complies with, and is subject to, all policies and processes that Saga plc has in place. AICL’s employees have to complete the same mandatory training as Saga employees. In addition, AICL is included within Saga’s wider audit and compliance activity to ensure we comply with both the law and Saga’s internal governance.

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Modern Slavery Act 2015

As a result of the above, our statement includes the statement by Saga plc, which is set out in the appendix below. This describes the steps that AICL and Saga plc have taken to prevent acts of modern slavery and human trafficking occurring in our own businesses and in any of our supply chains.

Our statement covers 01 February 2019 to 31 January 2020.

Cheryl Agius

Chief Executive Officer of Insurance

July 2020


Download the AICL Modern Slavery Statement as a pdf here