This statement has been published in accordance with the Modern Slavery Act 2015 (“The Act”) and sets out the steps undertaken by Happy Fly Limited (HFL) to prevent modern slavery and human trafficking in our business and supply chain.
Organisational structure
HFL is an Appointed Representative of MGA Managers Limited (MML) who are licensed by the UK Financial Conduct Authority (FCA) as an insurance intermediary and manage and provide services to a number of Managing General Agents (MGAs).
Our supply chain is comprised solely of UK based third party suppliers of services such as IT software/hardware, HR, legal, claims handling, recruitment, cleaning, marketing materials, stationery and security.
Experts and professional bodies, such as the Global Slavery Index and the Corruption Perception Index do not consider the UK or financial services – the business sector in which we operate, to be high risk for slavery and human trafficking. We do not have intricate supply chains and all our suppliers are expected to comply with all local and national laws, regulations and rules.
We have zero tolerance to slavery and human trafficking. As part of our due diligence to identify, mitigate and monitor risk, we endeavour to:
Undertake a risk assessment of supplier relationships
Incorporate provisions in our supplier agreements
Incorporate the requirements of The Act into our internal policies and procedures
Ensure staff training and awareness