CAPINASIA Knowledge Services, India, has entered into a strategic partnership with the International Centre for Captive Insurance Education (ICCIE) to promote ICCIE’s captive insurance certification programs across the Asia Pacific, Middle East, and Africa regions.
CAPINASIA said it is dedicated to advancing captive insurance education in these regions and has identified several distribution partners for each area.
ICCIE executive director Mitch Cantor expressed his enthusiasm about the new partnership.
“While we have had some students in Asia and the Far East, we are eager to expand our efforts in this region,” he said. “There is a tremendous opportunity for growth for us there.”
In Southeast Asia (SEA), the Singapore College of Insurance (SCI) has been appointed as a distribution partner, and a tripartite agreement was established between ICCIE, CAPINASIA, and SCI on in August 2023.
Andrew Christie, director of ICCIE, highlighted that these markets are currently underserved by captive insurance.
“While some jurisdictions still need to develop captive regulation, there are existing and future opportunities for professionals in the captive industry across these regions,” he said.
The Singapore College of Insurance (SCI) is a not-for profit professional training and education body set up in 1974, as part of Singapore’s efforts to develop as a financial hub.
Shalini Pavithran, CEO of the SCI, stated that this partnership provides an “excellent opportunity for captive insurance aspirants in the region to comprehend the global captive insurance industry and acquire the necessary knowledge to work in and with the sector”.
The SCI will be participating in the Asia Captive Conference on 7 September, 2023 to raise awareness about SCI, ICCIE and the relevant programmes available to build the capacity of captives.
The SCI is a not-for profit professional training and education body set up in 1974, as part of Singapore’s efforts to develop as a financial hub.