Introduction

Tide OpCo Ltd, trading as Tide Insurance MGA is committed to combating all forms of modern slavery and human trafficking. This statement outlines the steps Tide Insurance has taken to identify and mitigate risks related to modern slavery in our operations and supply chains.

Our Business

Tide Insurance MGA is a specialist provider of insurance services, operating both in the UK and Europe.

We maintain a strong ethical framework, ensuring that all aspects of our business, from internal practices to external partnerships, adhere to high standards of integrity and compliance with applicable laws, including those related to modern slavery and human rights.

Our Supply Chains

Tide Insurance’s supply chain includes a range of business partners and service providers critical to our operations. These partners include insurers, brokers, and third-party vendors who supply services such as technology, administrative support, and operational management. We work diligently to ensure that our suppliers operate in a manner consistent with our commitment to ethical practices, especially in preventing modern slavery and human trafficking.

Recruitment Practices

We are committed to fair and lawful recruitment practices. We ensure that all employees are legally entitled to work in the regions where we operate and are treated fairly in accordance with local employment laws. Our recruitment processes are designed to prevent exploitation, forced labour, or any form of trafficking. We also respect our employees’ right to freedom of association and collective bargaining.

Ongoing Actions

Tide Insurance MGA continues to enhance its policies and procedures to strengthen our response to modern slavery risks. We regularly review and update our supplier management processes to ensure that they are effective in identifying and addressing any potential risks within our supply chain. Training and awareness programs are also in place to ensure that our employees and partners are equipped to recognize and respond to modern slavery concerns.

We are committed to continuous improvement in this area and will continue to monitor and refine our approach to managing modern slavery risks as part of our wider business ethics and compliance framework.

This statement is made in accordance with section 54(1) of the Modern Slavery Act 2015 and constitutes Tide Insurance MGA’s modern slavery and human trafficking statement.

Approved by the Managing Director of Tide Insurance MGA on 17th October 2024.