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
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.
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.
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.
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.
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.
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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