Founded by Singapore domiciled captive insurance company owners, the Singapore Captive Insurance Association is a place for owners to meet and share experiences and best practice in the formation and growth of wholly owned captive insurance companies

Upcoming Event

Captive Insurance Association Singapore Conference 2025

Date: Oct 29, 2025

Time: (9:30 AM - 2:00 PM / GMT+8) | Singapore

About Singapore Captive Insurance Association

With close to 90 captive insurance companies, Singapore is the largest domicile in Asia for captive insurance companies. The Singapore Captive Insurance Association (SCIA) 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 Asia Pacific

Singapore Captive Insurance Association

Join Us!

Please complete the form to express interest in joining the SCIA 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

    Constitution of the Singapore Captive Insurance Association

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    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.

    Membership Fees: USD 850

    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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