Modern Slavery Act

HGS is a licensed and registered Insurer under the law of the Principality of Liechtenstein and has a UK branch.

HGS is part of the Helvetia Group, its ultimate parent company is Helvetia Holding AG which is headquartered in St.Gallen, Switzerland.

HGS provides insurance business in the non-life sector in the specialty lines Engineering, Energy, Industrial Property, Marine, Aviation, Space and Art as well as in Partnerbusiness (B2B2C).

Our immediate supply chain includes third parties directly contributing to our business, for example claims handling, delegated underwriting and professional services. HGS does not make use of supply chains which are traditionally susceptible to an enhanced risk of human trafficking or slavery, these include factories, other entities involved in manufacturing, or business sectors which are reliant on a high level of human labour.

As part of our commitment to ensuring there is no modern slavery or human trafficking in our supply chains or in any part of our business, we maintain policies and procedures to support this commitment including the following policies..

Outsourcing policy, this document sets out the Helvetia approach to outsourcing, as well as due diligence which must be undertaken before Helvetia outsources any aspect of its business to a third party.

Code of Conduct, this document sets out the rules of conduct for all Helvetia employees and is an expression of our corporate responsibility and corporate culture. This document includes reference to:

• A statement that Helvetia complies with applicable legal, regulatory and internal guidelines.
• Whistleblowing procedures.
• Respect for human rights. As an employer Helvetia adheres to international human rights. When selecting business partners, Helvetia takes into account internationally applicable standards with regard to human and labour rights.

In the course of 2023 and in the first quarter 2024, HGS undertook a risk-based assessment of all third-party outsourcing suppliers. We consider the risk of modern slavery in our supply chains as low. However, we remain vigilant to this risk and undertake enhanced due diligence where required.

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 continue monitor our supply chains closely.