Modern Slavery Act Statement
Introduction
The Modern Slavery Act 2015 (the “Act”) is a UK law that came into force in 2015. The Act requires commercial organisations with an annual turnover of more than £36 million to publish a slavery and human trafficking statement for each financial year. As a major provider of insurance broking and associated services, Ardonagh Group Holdings Limited and its subsidiaries (“The Ardonagh Group”, “Group” or “Ardonagh”) is fully supportive of the Act and adopts a zero-tolerance approach to modern slavery in all forms in our organisation and across our suppliers. As required by the Act, this statement sets out the steps taken by the relevant companies in The Ardonagh Group to which the Act applies during the financial year ended 31 December 2025 to combat slavery and human trafficking in our business and supply chains.
Our business
The Ardonagh Group is a globally diversified insurance services provider operating at scale across all segments of the non-life insurance market. The Group is headquartered in London and operates worldwide. With more than £14 billion in gross written premium under management annually, Ardonagh stands as one of the top 10 independent insurance brokers in the world, and ranks among the 20 largest insurance brokers globally.
Our clients are serviced via more than 50 specialist and niche brands which are organised into two interconnected and complementary verticals: Global Property & Casualty and Specialty.
Global Property & Casualty is an expansive portfolio of independent yet connected SME broking and risk management enterprises in strategic global markets. The portfolio is organised into four regional platforms:
- APAC – The Envest Group is a focused insurance distribution business with over 50 Australian and New Zealand insurance brands, including the Aviso Group, PSC Insurance Brokers, Resilium and 20 specialist underwriting agencies. The platform also includes a strategic portfolio of businesses headquartered in Hong Kong.
- Europe – Ardonagh Europe invests in local independent advisory and specialist enterprises, with an established presence in Ireland, Germany, France, Netherlands, Greece, Switzerland, Austria and Italy.
- Iberia and Rest of the World – Headquartered in Porto, Portugal, MDS Group provides insurance, reinsurance, benefits management, and risk consulting solutions globally with additional presence in Spain, Brazil, Angola, Mozambique, Switzerland, Malta, Chile, Cyprus, Mexico and the USA.
- UK – Everywhen (formerly Ardonagh Advisory) is an advice-led and community-focused set of businesses with an extensive footprint across the UK, operating across a wide range of sectors and specialisms.
Specialty is an independent wholesale broker in the London Market with offices around the globe and has several brands with expertise in specialist underwriting of bespoke global complex risks.
More information about our business can be found at: http://www.ardonagh.com.
Our supply chains
Our supply chains include business partners in the provision of insurance services such as insurance companies, brokers and distributors; and also providers of other services necessary to run our business effectively, such as IT, payroll, and facilities.
Actions taken
Recruitment practices
We recognise the right of each employee to freedom of association, including the right to join trade unions. We ensure that we comply with employment legislation as regards child employment and we implement a transparent and ethical hiring process. . We verify worker identity and right-to-work documents and we do not employ people who do not have the right to work in the UK.
Due diligence and contracting
The companies in The Ardonagh Group to which the Act applies have standardised the policy in procurement across the Group, under the procurement and supplier relationship management policy and mandates due diligence needs to cover modern slavery. A question set and declaration called Know Your Supplier (KYS) is the key document for due diligence on which we assess our potential suppliers who supply goods or services above a specified value relevant to that section of the business. This includes a section on slavery and human trafficking. All businesses within The Ardonagh Group conducts the KYS process, and any businesses acquired into the Group will be required to adopt this as part of the controls on integration. For all key supplier contracts, specific wording is required relating to modern slavery, and forms part of the sign-off process.
Policies and reporting
We maintain and periodically review the following policies and procedures to mitigate the risks of modern slavery within our Group and supply chains.
- Whistleblowing policy to ensure our employees are aware of the ways to raise and report confidentially any concerns of existing supplier in breach of modern slavery legislation.
- Our Code of Conduct sets out our requirement for the conduct of our employees in the business. It promotes a culture of transparency, honesty and ethical behaviour when dealing with the management of supply chains and business.
Ongoing Commitment
As part of our annual governance review, a supplier due diligence has been completed on all key suppliers which includes compliance with the Act. We will continue to review and improve policies, risk management and our practices to ensure they remain relevant and effective in our supply chain and our business. We will continue to work together with our companies within The Ardonagh Group to align our policies and practices to comply with the Act.
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes our slavery and human trafficking statement for the financial year ending 31 December 2025.
The board of directors of the Group holding company, Ardonagh Group Holdings Limited, approved this statement on 12 March 2026.
David Ross
Group CEO