Modern Slavery Statement

Introduction

This statement is made in accordance with Section 54 (1) of the Modern Slavery Act 2015. It constitutes Hyperformance Ltd slavery and human trafficking statement for the financial year ending 31st December 2017 and continues to apply until any amendments are required.

Hyperformance Ltd is an established insurance broker providing car, van, taxi and home insurance policies. Hyperformance is dedicated to ensuring all practices carried out respect the protection of basic human rights and are compliant with relevant legislation. We believe there is minimum risk of modern slavery or human trafficking as we operate a zero-tolerance approach and do not condone or facilitate modern slavery or human trafficking ourselves or through any of our partners.

Our Organisation

Hyperformance is an established insurance broker providing car, van, taxi and home insurance policies. Hyperformance is dedicated to ensuring all practices carried out respect the protection of basic human rights and are compliant with relevant legislation. We believe there is minimum risk of modern slavery or human trafficking as we operate a zero-tolerance approach and do not condone or facilitate modern slavery or human trafficking ourselves or through any of our partners. Our staff are largely directly employed and are not in any category which is generally seen to be vulnerable to modern slavery in this country, so our focus is to ensure there are policies and procedures in place for our contractors and suppliers

Supply Chain

Hyperformance is committed to continuously improving its practices to identify and eliminate any slavery and human trafficking in its business and supply chains, and to acting ethically and with integrity in all its business relationships. All insurers are authorised by and regulated by the Financial Conduct Authority or an equivalent regulatory body. This includes those insurers who operate within the European Economic Area (EEA).  To the best of our knowledge, none of our supply chain is associated with modern slavery nor trafficking. It is our expectation that all our partners are fully compliant with both UK regulation and law.

Policies

Hyperformance has a number of policies which aim to minimise the risk of modern slavery in our supply chain. These include:

  • Limiting the use of third parties – which sets out internal requirements for buying goods and services from third parties;
  • Procurement Policy – covering issues of human rights, child and forced labour and modern slavery, which Hyperformance’s suppliers are required to comply with; and
  • Whistleblowing Policy – which encourages staff to report concerns including any related to modern slavery/trafficking and child or forced labour. We have a whistleblowing email address to enable/allow anyone who has concerns to raise them confidentially to a specific person in our organisation
  • Recruitment Policy – When recruiting we have a recruitment process in line with UK employment laws, including: ‘right to work’ document checks; credit and DBS checks as per our contracts of employment and checks to ensure everyone employed is 17 or above. We review salary and rewards annually

Due Diligence

We continue to monitor suppliers we believe present high modern slavery risks in our supply chain. We vet our partners and their procedures both at the start and routinely throughout our relationship. We have an established procurement process for third-party relationships. We also identify, assess and monitor potential risk areas in our supply chains. It is our expectation that our partners operate to the same standards.

Training

During the year, we have continued to provide advice and guidance to those teams who have direct responsibility for relevant supply chains and our Procurement team has participated in further modern slavery training. We also maintain a Modern Slavery Act Guidance document which is available to staff through Hyperformance’s intranet. All employees will also read this statement as part of their induction.

Looking Ahead

Over the course of the next financial year, we will continue to enhance our procedures to help us identify, prevent and mitigate any risks of modern slavery or human trafficking in relation to new and existing suppliers. We aim to develop and introduce H & S awareness for our employees and clients which would tie in with this statement.

Board / CEO

This statement has been formally approved by the board who is dedicated in supporting the eradication of modern slavery and human trafficking.

 

Please see our previous policy wording here