Insurance Law Association Of Singapore

What Insurance Law Association Of Singapore does

The Insurance Law Association of Singapore (ILAS) is a not-for-profit professional association founded in 1994, operating as the Singapore chapter of the Association Internationale de Droit des Assurances (AIDA). It serves insurance industry professionals in Singapore — including lawyers, claims managers, loss adjusters, brokers, forensic accountants, and academics — by providing educational programming, knowledge content, and networking channels focused on insurance law. Its core offerings are tiered membership subscriptions (Individual at S$40/year and Corporate at S$70/year), the Insurance Law Knowledge Blog, and a recurring calendar of seminars, webinars, and biannual networking events. The association also co-hosts programming with peer bodies such as AILA, the Hong Kong Insurance Law Association, and the Chartered Institute of Arbitrators (East Asia Branch).

ILAS monetises exclusively through membership fees and event registration income; it does not sell technology, software, or professional services, and its digital infrastructure consists of a standard Squarespace-hosted website (ilas.sg), an email newsletter, and organic social media. It has no proprietary technology stack, no APIs, no AI/ML capabilities, and no disclosed headcount or financials. The association is governed by an elected volunteer Committee/Executive Council drawn from Singapore's insurance and legal sectors, with members serving at firms such as Rajah & Tann Singapore LLP, Aon, MS First Capital Insurance Limited, JBA Risk Management, and DAC Beachcroft.

Strategically, ILAS derives its position from its AIDA affiliation (one of six Asia Pacific national chapters and one of only four in Asia), its 30-year operating history, and embedded relationships with Singapore regulators including the MAS, GIA, RBAS, and SRA, where it has helped drive the implementation of Reinsurance Contract Certainty. Its most material upcoming initiative is hosting the AIDA World Insurance Congress in Singapore in 2031 — the first time the event will be held in Asia — supported by the Singapore Exhibition & Convention Bureau.

Name

Insurance Law Association Of Singapore

Legal name

Insurance Law Association of Singapore

Website

https://ilas.sg

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

1–10 employees

Short description

The Insurance Law Association of Singapore (ILAS) is a 1994-founded not-for-profit professional association serving insurance industry professionals in Singapore through tiered memberships, seminars, and an insurance law knowledge blog, operating as the Singapore chapter of AIDA.

Ownership category

akta.pro rank

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Individual Membership Fees: Individual membership is priced at $40 annually, providing free access to networking events, free access to two seminars per year with discounted pricing for additional paid events, posting privileges to the ILAS Blog, and eligibility to stand for ad hoc committees.
2. Corporate Membership Fees: Corporate membership is priced at $70 annually, providing free access for up to five persons to networking events and parties, free access for up to five persons to two seminars per year with discounted member pricing for other events, hosting of corporate logo on the ILAS Website, and eligibility to submit up to two candidates for ad hoc committees.
3. Event Registration Fees: Some events charge registration fees - for non-members ($35 for the AerCap v AIG webinar) and members receive free or discounted access to events.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

ILAS is a not-for-profit professional association that delivers insurance law education, awareness, and networking for the Singapore insurance industry. Its core offerings are Individual and Corporate Membership tiers (annual subscriptions) and a calendar of seminars, webinars, AGMs, and networking events, supplemented by the Insurance Law Knowledge Blog which publishes insights and commentaries from industry stakeholders.

Product overview

The Insurance Law Association of Singapore (ILAS) operates as a not-for-profit professional association offering membership services and knowledge-sharing platforms. The core offerings include Individual and Corporate Membership tiers (S$40 and S$70 annually respectively), an Insurance Law Knowledge Blog for industry insights, and Seminars/Webinars along with Networking Events for professional development. ILAS is the Singapore chapter of AIDA and connects insurance industry professionals including lawyers, claims managers, loss adjusters, brokers, and forensic accountants.

Differentiator

Problem solved

Functional benefit

Products and services

• Individual Membership

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered flagship, core and minor.

• Association Internationale de Droit des Assurances (AIDA)flagshipStrategic or Co-development Partner · 1 January 1994ILAS is the Singapore chapter of AIDA, an international association comprising 50 national associations and 30 Working Parties focused on the development and application of insurance laws. This affiliation provides ILAS members with access to global insurance law expertise and networking opportunities.
• Australian Insurance Law Association (AILA)coreStrategic or Co-development PartnerILAS has entered into a reciprocal benefits arrangement with AILA, allowing ILAS members to opt-in for access to AILA's website, educational materials, webinars, and attendance at AILA conferences and seminars.
• Hong Kong Insurance Law AssociationcoreStrategic or Co-development PartnerILAS co-hosted a virtual talk with the Hong Kong Insurance Law Association, the Australian Insurance Law Association, and the Chartered Institute of Arbitrators (East Asia Branch) featuring Professor Robert Merkin KC on the new edition of Colinvaux's Law of Insurance.
• Chartered Institute of Arbitrators (East Asia Branch)minorStrategic or Co-development PartnerCo-hosted a virtual talk with ILAS and Hong Kong Insurance Law Association on the new edition of Colinvaux's Law of Insurance.
• Singapore Exhibition & Convention Bureau (SECB)flagshipStrategic or Co-development PartnerSECB is supporting ILAS in hosting the AIDA World Insurance Congress 2031 in Singapore, marking the first time this global event will be held in Asia in its 62-year history.
• Rajah & Tann Singapore LLPminorOthersRajah & Tann Singapore LLP has hosted ILAS events at their premises, such as the Insurance Fraud seminar held at their location.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Association Internationale de Droit des Assurances (AIDA): The international umbrella organization of which ILAS is the Singapore chapter. AIDA coordinates 50 national associations and 30 Working Parties globally, providing the network framework that ILAS operates within. A peer of broader scope and global reach.
• Singapore Insurance Institute (SII): The broader Singapore insurance industry educational body offering professional certifications and training for insurance practitioners. Adjacent rather than directly competing - covers general insurance industry education while ILAS specializes in insurance law.

Others

• Law Society of Singapore: The statutory body governing Singapore lawyers. Not a direct peer but a related professional membership organization in the same legal ecosystem; some ILAS committee members are also Law Society members and Singapore-based lawyers.
• Asia Insurance Review: A leading regional insurance industry publication and event organizer covering Asia Pacific insurance markets. Complementary rather than competing - serves a broader industry media role while ILAS specializes in legal topics.
• Chartered Institute of Arbitrators (East Asia Branch): Co-hosted insurance law events with ILAS. Related as a dispute resolution and arbitration professional body with East Asia presence, addressing adjacent insurance law topics like arbitration clauses and subrogation.

Direct peers

• Australian Insurance Law Association (AILA): AILA is ILAS's closest peer - a national insurance law association in Australia with a reciprocal benefits arrangement with ILAS. It serves a similar mandate of promoting insurance law awareness, education, and networking for legal and insurance professionals.
• British Insurance Law Association (BILA): One of the most established national insurance law associations globally, operating as the UK chapter of AIDA. Directly comparable in mission (insurance law education, seminars, networking) and structure to ILAS, with a much longer history and larger membership base.
• Hong Kong Insurance Law Association: The Hong Kong AIDA chapter and one of only three other Asian AIDA national chapters alongside ILAS. Co-hosts events with ILAS and shares the same insurance law education and professional networking mandate within Hong Kong's insurance industry.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Insurance Law Association Of Singapore