The Singapore College of Insurance (SCI) is a not-for-profit, industry-based professional training and education body set up in 1974, as part of Singapore's efforts to develop as an international insurance hub.
For more than 48 years, SCI has remained focused in its efforts to upgrade the technical expertise of insurance and financial services practitioners, and to provide them with professional advancement opportunities, through its series of practice-oriented programmes, certification programmes and professional qualifications. Since the late 1970s, the SCI has also been administering for the Monetary Authority of Singapore (MAS) regulatory examinations such as the Certificate in General Insurance (CGI), Capital Markets and Financial Advisory Services (CMFAS) and Health Insurance (HI) examinations. Since early 2000, the SCI has also expanded its role to include that of building talent pipelines for the industry. Its flagship Insurance Management Associate Programme (iMAP) has succeeded in bringing in more than 300 fresh graduates from various disciplines. Today, many of them are in managerial and specialist positions across the diverse segments of the industry. The SCI also plays an active regional role and leads a number of talent and skills-building initiatives under the ASEAN Insurance Council/ASEAN Insurance Education Committee umbrella. The SCI was voted the Asia Insurance Industry Educational Service Provider of the Year in 1997, 2001, 2007, 2016, 2018 and 2022.
The SCI has international links with professional bodies, such as The Chartered Insurance Institute (CII), The American College of Financial Services (TAC), The Glasgow Caledonian University (GCU) and The Zurich University of Applied Sciences (ZHAW). The SCI is also the Secretariat for the Asia-Pacific Risk and Insurance Association (APRIA) set up in 1997 to further insurance education, and to promote links between academia and the industry.