Founded by Singapore domiciled captive insurance company owners, the Captive Insurance Association Singapore is a place for owners to meet and share experiences and best practice in the formation and growth of wholly owned captive insurance companies
About Captive Insurance Association
With over 80 captive insurance companies, Singapore is the largest domicile in Asia for captive insurance companies. The Captive Insurance Association was founded in Singapore to provide a home for captive insurance company owners to share their experiences and collaborate in the future development of this important sector.
The benefits for large organizations owning a captive insurance company are diverse. In recent years several factors have combined to make third party insurances less effective and in several cases more expensive than was previously the case. By forming a captive insurance company, organizations have an opportunity to take back control of their total cost of risk, extend their coverage options, and make serious reductions in the overall cost of their insurance programs.
Our Vision
Objectives
Expand the use of captive insurance to drive business success
Focus on attracting and retaining sector professionals
Create dialogue with fellow members
Support resilience through climate change related risk management
Represent captive owners with the MAS
Provide an open platform for members, potential captive owners, and experts from insurance companies, brokers
membership benefits
Why should captive insurance company owners in Singapore join the association?
Networking &
Collaboration
We foster a collaborative environment where captive owners can connect, share experiences, and learn from one another, through dedicated events and conferences.
Education &
Training
We equip our members with the latest insights and knowledge on captive insurance strategies, compliance requirements, and emerging trends through workshops, seminars, and expert-led webinars.
Advocacy &
Representation
We actively represent the interests of our members at the regulatory and industry levels, ensuring that the captive insurance industry is strong, understood, and well-regulated.
Best Practices &
Resources
We provide members with a wealth of resources, including industry reports, case studies, and best practices, to ensure that their captive insurance operations remain efficient and compliant.
Discover a community dedicated to building Resilience for Corporations across Pacific Asia
Captive Insurance Association
How to join?
Please complete the form below to express interest in joining the Captive Insurance Association and we will get back to you within two working days
Membership Interest
Constitution
Click below to read or download the full constitution of the association under the Registry of Societies in Singapore
Not for Profit Association
The Captive Insurance Company Association of Singapore Constitution
Captive Insurance Association
Become a Member
Membership Criteria
Captive insurance companies (or the owners of those companies) domiciled in Singapore and registered with the Monetary Authority of Singapore.
Initial Founding Membership Fees: USD 850
Upcoming Event
The Asian Captive Conference will be returning for its seventh year as an in-person event on Thursday, 19 September 2024 at the Sime Darby Convention Centre, Kuala Lumpur, Malaysia from 9.00am to 5.30pm.
Its important to have a forum to connect with other captive owners and keep learning and sharing about how captives are being leveraged from Singapore to support the risk exposures of the global businesses that we all represent.
Being part of a captive insurance organization is an advantage for a risk professional like me, as it offers an enriching experience as we continue to balance the risks we retain and those we transfer. It is also beneficial for my learning and growth journey, as captive insurance companies deal with a wide range of risks and industries. This diversity provides a rich learning environment, exposing me to various industries and risk scenarios. I canalso share my own learnings with my fellow risk managers.
International SOS has a comprehensive captive structure developed over many years and including several lines which are unusual in the Asia context. It's helpful and rewarding to share our experiences on the captive journey both with other experienced captive owners and those just starting out.
Growing a captive is an exciting challenge for any organization. Being part of the journey is a pleasure and privilege. It’s wonderful to be able to share my many years of experience in business building with the captive teams I support. The Captive Insurance Association Singapore is a meaningful way for us all to pool and explore further opportunities as our businesses grow and thrive.
Our Partners
Coming soon. For service providers open to supporting the Singapore Captive Insurance Association please click here to learn more about membership and sponsorship opportunities
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Head Office
- 9 Sengkang Square, #14-17, Singapore 545075
- 98598880