Singapore College of Insurance (SCI)

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 49 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.

Courses Offered By Sci:

As the premier insurance industry training provider in Singapore, the SCI organises a series of courses, seminars and workshops under its P2 (Practice-Oriented Programmes) and R2 (Regional Routes) product icons, which are pitched at all levels, from Introductory to Advanced, to meet the Continuing Professional Development (CPD) needs of insurance industry practitioners with varying levels of experience and background from markets across the region.

The SCI also conducts a range of Certifiable Skills Courses under its C2 (or Certification and Competencies) product icon for the insurance industry's front-end practitioners in life, health and general insurance, broking, as well as for the financial advisory services industry. 

The C2 suite of programmes is designed to provide insurance and financial services practitioners with certifications, to satisfy regulatory and industry competency requirements.

In addition, the SCI conducts and awards its own Certificate and Diploma programmes in life and general insurance, as well as Professional Designation Programmes in insurance and related financial services under its E2 (or Executive Excellence) product icon.

Insurance Specialist Programmes (ISPs) enable practitioners to not only have a deeper study of specialised classes of insurance cum job functions but also to obtain the required qualifications and certifications to enhance their knowledge, skills and competencies in these areas.

SCIDigital (SCI’s mobile learning app) adopts a micro-learning pedagogy that organises knowledge into bite-sized visually-impactful learning modules, enabling professionals to learn a concept within minutes and clocking CPD hours upon completion. SCIDigital also utilises gamification which increases active participation of learners and encourages their interaction with online communities.

The SCI also offers the CTS (or Corporate Training Solutions) product icon that leverages on the SCI's core competency in organising training and education programmes, as well as its wide pool of qualified and experienced industry trainers, to custom-tailor programmes that specifically address the learning needs of its insurance industry clients from across Asia.

To complement its suite of Certificate, Diploma and Professional qualification programmes, the SCI also publishes a wide range of life and general insurance, and financial planning textbooks to address the evolving education and training needs of the industry. Some of the study texts are also in e-version for easy access so as to leverage on the advances in information technology.