A homegrown insurer that has its beginnings in Singapore since 1975
ECICSÂ 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.
Courtesy posting by NextLifeBook.com