Our Company
A homegrown insurer that has its beginnings in Singapore since 1975
ECICS was set up in 1975 by the Singapore government to encourage and support the growth of export.
ECICS were eventually privatised and is now a wholly subsidiary of IFS Capital Limited, a public listed financial group on Singapore SGX board. Its ultimate parent company is PhilipCapital Group which is one of the largest financial institutions in Singapore.
In 2013, ECICS became a full-licensed general insurer under the approval of Monetary Authority of Singapore. This allow ECICS to write a full range of general insurance business product lines.
Milestones
- 1975Established since 1975 underwriting bonds and guarantees as well as credit insurance.
- 1993Became a wholly-owned subsidiary of IFS which is listed on the Mainboard of SGX in that same year.
- 2004Ratified a comprehensive reinsurance agreement with Nippon Export and Investment Insurance (NEXI) to provide trade insurance to help Japanese firms in Singapore.
- 2013Became a fully licensed general insurer approved by the Monetary Authority of Singapore.
- 2018Shifted its office to SingPost Centre at Paya Lebar.
Latest Updates
11 Jan 2019 – Appointment of Mr Choi Kin Seng as Chief Executive of ECICS Limited with effect from 29 Oct 2018
Our Parent Company
Our Ultimate Parent Company
ourcompany - ECICS Insurance
