Modern Slavery & Human Trafficking Statement

This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 (the Act) and constitutes the slavery and human trafficking statement for Bridgehaven Speciality UK Limited (Bhvn). The statement is subject to annual review. Bhvn is a provider of general insurance products and services based in the United Kingdom. Bhvn meets the Act’s reporting threshold of £36 million annual turnover.

Bhvn procure various products and services necessary to operate their business on an outsourced basis through third parties. Our supply chains include third party suppliers of IT services, telecoms, facilities management services (including, for example, cleaning, security and stationery), marketing materials, and professional services, such as underwriting, claims handling, accountancy, legal and HR services. We are committed to ensuring that no practices of modern slavery or human trafficking take place within Bhvn, whether directly or within our supply chain, and ensuring that we continue to review our practices for consistency with best practice.

Bhvn’s diverse offerings include products and services that help businesses and individuals protect their assets and manage risks. Bridghaven Specialty UK Limited is registered in England: company number 12782688. Registered address: 70 Gracechurch Street, London EC3V 0HR (FRN number  978895). This information can be checked by visiting the FS Register (www.fca.org.uk/register).

Combatting modern slavery and human trafficking and identifying risks

We are committed to ensuring that there is no modern slavery or human trafficking in our supply chains or in our own business and expect parties in our supply chain to adhere to these values. In the course of 2023, as part of our due diligence review of third parties, we undertook a risk-based assessment of all of Bhvn’s third party suppliers and we reviewed the risk profile of each supplier. Our agreements require suppliers to undertake, on an ongoing basis, that they do not have any modern slavery or human trafficking in the businesses or supply chains, and thus support Bhvn’s pre-contractual supplier due diligence. As at the date of this Statement, we have not identified evidence of or received any disclosure in relation to modern slavery or human trafficking in our supply chains. However, we intend to continually monitor our supply chains closely and examine any risks identified.

Employees

We conduct pre-employment screening checks, offer standard working hours for all employees, each of our employees receives a salary which exceeds the National Living Wage and we offer training to managers to prevent bullying and harassment in the workplace. In addition, we have in place systems and policies to protect whistleblowers. This statement is made available to all of our staff members and included within our joining materials for our new employees. In addition, we will be introducing training on modern slavery and human trafficking as part of our compulsory internal training programme. This training will be rolled out to all Bhvn staff.

Declaration

This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 (the Act) and constitutes Bhvn’s slavery and human trafficking statement.