Modern Slavery Statement
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 (“the Act”) for the financial year ending 31st December 2020 by First Central Insurance Management Limited (“FCIM”) trading as 1ST CENTRAL.
Organisational structure & commitment
FCIM is a wholly owned subsidiary company of First Central Group Limited. It provides insurance intermediary and premium finance services to its customers and claims handling and policy administration services to insurers, to read our full story click here. At FCIM, we are committed to acting with integrity and transparency in all business dealings. We put in place effective systems and controls, and we test these systems and controls to ensure we safeguard against any form of slavery or human trafficking within our business and our supply chain.
We conduct a risk assessment in respect of our suppliers to identify, control and effectively manage any actual or potential risks of slavery within our business operations and supply chain. Each of the following are criteria that are considered:
- Our strategic partners and services they provide
- Ours and our suppliers’ geographical locations
- Operations outside of the UK/EU regulatory frameworks
- Suppliers with temporary or low skilled workforce
- Employee screening for identity, criminal record and taking references
In concluding our risk based assessment and in reviewing the risk framework, including supply chain due diligence, we have concluded that the risk of slavery or human trafficking in our business or supply chain remains extremely low.
John Kennedy, CEO
First Central Insurance Management Ltd.