Modern Slavery Policy
October 2022LifeSearch Modern Slavery Statement
For the financial year ended 31 August 2022
Purpose of this StatementThis statement sets out the approach and steps taken by LifeSearch Partners Limited and its relevant subsidiaries (LifeSearch Limited and any other named Appointed Representatives), to ensure that modern slavery is not taking place in any part of our business or supply chains. The Modern Slavery Act defines modern slavery as “slavery, servitude, and forced or compulsory labour” as well as “human trafficking” (“modern slavery”).
Our Business and Supply chains
We are a leading advice-based Protection Insurance Intermediary based in the UK and employ 320 people. We offer our advice and Client Support services direct to customers both online and by telephone.
Our supply chain is divided into multiple categories which are built around supporting our core functions and include:
- Life Companies
- Wills processing
- Legal Services
- IT Services – Maintaining Hardware & Software, User support
- Facilities Management & Property
- HR support services
- Recruitment services
- Professional Services
Our Values and PoliciesAt LifeSearch, our purpose is “To grow the Protection market by getting more people than anyone thought possible to protect themselves, their families and their businesses”, which means that as an intermediary, we exist to help our customers understand the protection products available to them and ensure that they have the cover in place that is right for their needs.
Our vision is “To protect the UK properly”
Our core values are Tolerance, Excellence, Honesty, Openness and Care.
LifeSearch Modern Slavery StatementLifeSearch prides itself on its open, tolerant, inclusive culture and welcomes people from every walk of life. We are an inclusive business and consider that the most relevant human rights are the right to just and favourable working conditions, the right to be free from discrimination, protection of minorities and the right to be free from compulsory labour.
It is important to us to promote an open and honest dialogue within our business, and all LifeSearchers are encouraged to raise concerns via our Say What You See (whistleblowing) process, and our Courageous Conversations feedback tool.
Due Diligence & TrainingWe respect and acknowledge that modern slavery is a global issue and that no economy, industry or sector is exempt. LifeSearch are fully committed to complying with the objectives of the Act. However, as a financial services organisation, we consider the risk of modern slavery existing within our business to be very low.
We operate appropriate measures to help mitigate against any such risks to ensure that we remain vigilant, through activities such as completing due diligence with our partners and suppliers. Responses received from the due diligence process are reviewed and information of concern is investigated further.
We are committed to ensuring that LifeSearchers throughout the business, particularly the People & Culture and Senior leadership team, have the knowledge and understanding required in order to properly discharge the legal and ethical responsibilities we must comply with.
Our ResponsibilitiesWe accept that the duty to identify the risk of modern slavery occurring within our business, and its supply chain is an on-going responsibility for all LifeSearchers. We will continue to review our processes and assess the due diligence responses we receive from our suppliers’ questionnaires accordingly.
Approval and Signature
This statement was approved by the Board of LifeSearch Partners Limited on 27th September 2022