The Answer in 60 Seconds Per the MOM List of Designated Insurers PDF dated 1 January 2026, 24 insurers are currently designated to sell WICA 2019 employer policies in Singapore. Buying WICA from any non-designated insurer is non-compliant under the Work Injury Compensation Act.

The Sourced Detail

Why designation matters

Under WICA 2019, only insurers designated by MOM ("designated insurers") may issue Work Injury Compensation insurance policies. WIC insurance policies issued by designated insurers must comply with the compulsory terms set out by MOM in the MOM regulatory regime summary for WIC insurers under WICA 2019: designated insurers are required to share claims information with MOM and with other designated insurers, and all claims arising from these policies are processed by the designated insurers.

The regime took full effect from 1 January 2021. You cannot legally hold WICA from a non-designated insurer; claims handling is centralised under MOM's prescribed guidelines; and claims data flows to MOM and to other designated insurers via the WIC Data Exchange Platform (EmPOWER-WIC).

The 2026 employer designated insurer list

Per the MOM-published list dated 1 January 2026, the following 24 insurers are designated for employer WICA policies (alphabetical, with designation expiry dates):

  1. AIG Asia Pacific Insurance Pte. Ltd. — exp. 7 Sep 2026
  2. Allianz Insurance Singapore Pte. Ltd. — exp. 8 Sep 2026
  3. Allied World Assurance Company, Ltd. — exp. 3 Sep 2026
  4. Berkshire Hathaway Specialty Insurance Company — exp. 3 Sep 2026
  5. China Taiping Insurance (Singapore) Pte. Ltd — exp. 4 Sep 2026
  6. Chubb Insurance Singapore Limited — exp. 4 Sep 2026
  7. EQ Insurance Company Limited — exp. 1 Sep 2026
  8. ERGO Insurance Pte. Ltd. — exp. 9 Sep 2026
  9. Etiqa Insurance Pte. Ltd. — exp. 9 Sep 2026
  10. Great American Insurance Company — exp. 1 Sep 2026
  11. Great Eastern General Insurance Limited — exp. 10 Sep 2026
  12. HL Assurance Pte. Ltd. — exp. 7 Sep 2026
  13. Income Insurance Limited — exp. 1 Sep 2026
  14. India International Insurance Pte Ltd — exp. 7 Sep 2026
  15. Liberty Specialty Markets Singapore Pte. Limited — exp. 2 Sep 2026
  16. Lonpac Insurance Bhd — exp. 1 Sep 2026
  17. MS First Capital Insurance Limited — exp. 3 Sep 2026
  18. MSIG Insurance (Singapore) Pte Ltd — exp. 10 Sep 2026
  19. QBE Insurance (Singapore) Pte Ltd — exp. 4 Sep 2026
  20. Singapore Life Ltd — exp. 9 Sep 2026
  21. Sompo Insurance Singapore Pte. Ltd. — exp. 9 Sep 2026
  22. Tokio Marine Insurance Singapore Ltd — exp. 1 Sep 2026
  23. United Overseas Insurance Limited — exp. 9 Sep 2026
  24. Zurich Insurance Company Ltd (Singapore Branch) — exp. 4 Sep 2026

The cluster of expiry dates between 1 and 10 September 2026 reflects MOM's annual re-designation cycle. Each entry on the list also shows the insurer's UEN, WICA hotline and claims email. The full PDF is the canonical document; bookmark it. Note: published commentary occasionally cites the list as having "25 insurers" — readers should treat the MOM-published PDF as authoritative on any given date.

A separate list of 6 designated platform-operator insurers (here) covers Platform Workers Act WICA, with designations running to October–December 2027. Of the 24 employer-WICA insurers, only 5 (Chubb, Etiqa, Great Eastern, Income, Singlife) are also PO-designated. Grabinsure is PO-only.

What's in the compulsory MOM-approved policy wording

Per MOM's summary of the regulatory regime for WIC insurers under WICA 2019, the MOM-approved WICI 2019 policy wording is intentionally broad. Common-Law Coverage is not part of the MOM Approved Wording. Insurers may offer Common Law Coverage as a separate policy or as an add-on.

This matters: many SME founders see "WICA insurance" and assume it includes the full common-law liability that an employer might face if a worker sues for negligence. It does not.

What changed on 1 November 2025

Per the MOM 8 February 2024 announcement, the WICA compensation limits rose from 1 November 2025:

  • Death: from S$225,000 to S$269,000 (about +19%)
  • Permanent incapacity: from approximately S$289,000 to S$346,000 (about +19%)
  • Medical expenses: from S$45,000 to S$53,000 (about +17%)

These limits flow through automatically into all approved WICA 2019 policies.

How to verify a quote came from a designated insurer

  1. Open the MOM designated insurer PDF
  2. Match the insurer's name and UEN against the quote
  3. Cross-check on the Find a WIC designated insurer page
  4. Check the MAS Financial Institutions Directory for the insurer's MAS licence status
  5. If your quote came via a broker or agent, verify the intermediary on the MAS Register of Representatives

Notable structural changes since 2021

  • Singapore Life Ltd (Singlife). Per Singlife's corporate page: "It was formed from the merger of Singlife and Aviva Singapore in 2022." Singlife inherited Aviva Singapore's designated-insurer status; the Singlife/Aviva merger was Singapore's largest insurance deal, valued at S$3.2 billion, with rebranding from "Singlife with Aviva" to "Singlife" in 2023.
  • The arrival of the 6-insurer platform-operator (PO) WICA list from 2024 created a parallel regulatory track. SMEs operating ride-hail or delivery platforms cannot rely on employer-WICA designation alone; only the 6 PO-designated insurers can issue compliant platform-worker WICA.

What to watch in the 2026 re-designation

(a) Will all 24 be re-designated? Re-designation is not automatic. SMEs whose policies straddle 1 September 2026 should confirm with their insurer/broker that re-designation is in train.

(b) Will the compulsory wording be amended? The WICA compensation-limit increase on 1 November 2025 (see "What changed on 1 November 2025" above) was already absorbed. The occupational-disease list expansion on 1 December 2025 (38 harmonised diseases under WSHA and WICA) may affect underwriting questions.

(c) Will service-level requirements tighten? NTUC's PO-WICA explainer notes that PO insurers must respond to claimant hotlines within 3 working days and emails within 5 working days. Similar standards may extend across to employer-WICA.

What This Means for Your Business

Companies typically need to consider three structural points when buying WICA: (1) designated insurer only — anything else is non-compliant; (2) the compulsory wording is uniform but coverage extensions vary (Common Law Coverage, occupational disease extensions, foreign worker medical, 24-hour worldwide cover are commercial differentiators); (3) premiums depend on declared payroll, manual/non-manual mix, occupation classifications, and claims history shared via MOM's EmPOWER-WIC data-exchange system.

Questions to Ask Your Adviser

  1. "Three of the designated insurers quoted me — can you compare the Common Law extension wording side-by-side?"
  2. "From 1 November 2025, my new policy must reflect the S$269k/S$346k/S$53k limits — can you show me where in the policy schedule that's documented?"
  3. "I have a mix of manual workers and office staff — what's the optimal way to declare for premium efficiency without under-insuring?"
  4. "If I switch designated insurers mid-year, what happens to in-flight claims under MOM's data sharing?"
  5. "I'm a platform operator — am I on the right designated list (the PO list, not the employer list)?"

Related Information

Published 3 May 2026. Source verified 3 May 2026. COVA is an introducer under MAS Notice FAA-N02. We do not recommend insurance products. We provide factual information sourced from primary regulators and route you to a licensed IFA who can match a policy to your specific situation.