SSIC Division 66 – Activities auxiliary to financial service and insurance activities
Companies in this division support financial and insurance services, or work closely with them, but do not lend money or underwrite risk themselves.
It covers stock and commodity exchanges, brokers and dealers, money-changers, trustees and custodians, payment processors and corporate finance advisers. It also covers insurance agents and brokers, claims adjusters and fund managers, such as hedge fund, private equity and venture capital firms.
Commonly registered businesses
- Single and multi-family offices (66306)
- Other fund managers, such as for shipping trusts and pension funds (66309)
- Corporate finance advisers, including mergers and acquisitions advice (66192)
- Asset managers for long-only share, bond and cash portfolios (66301)
- Insurance agencies, agents and insurance-linked financial planners (66221)
- Other financial support, such as mortgage brokers and investment advisers (66199)
Groups of Activities auxiliary to financial service and insurance activities56 companies
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| Code | Title | Companies |
|---|---|---|
| 661 | Activities auxiliary to financial service activities, except insurance and pension funding | 11 |
| 6611 | Securities and commodities exchange | 0 |
| 66110 | Securities and commodities exchange | 0 |
| 6612 | Security and Commodity Contracts Brokerage | 2 |
| 66121 | Stock, share and bond brokers and dealers | 1 |
| 66122 | Foreign exchange brokers and dealers | 0 |
| 66123 | Gold bullion brokers and dealers | 0 |
| 66124 | Commodity and futures brokers and dealers | 0 |
| 66125 | Carbon credit brokers/traders | 1 |
| 66126 | Money-changing services | 0 |
| 66129 | Securities and commodities brokerage n.e.c. | 0 |
| 6619 | Other Activities Auxiliary to Financial Service Activities | 9 |
| 66191 | Trustee, fiduciary and custody services | 0 |
| 66192 | Corporate finance advisory services | 2 |
| 66193 | Clearing and settlement of financial instruments | 0 |
| 66194 | Activities auxiliary to fund management activities | 0 |
| 66195 | Transaction/payment processing services | 5 |
| 66199 | Other auxiliary financial services n.e.c. | 2 |
| 662 | Activities auxiliary to insurance and pension funding | 20 |
| 6621 | Risk and Damage Evaluation | 0 |
| 66210 | Risk and damage evaluation | 0 |
| 6622 | Activities of Insurance Intermediaries | 18 |
| 66221 | Insurance agencies and agents | 9 |
| 66222 | Insurance brokers | 9 |
| 6629 | Other Activities Auxiliary to Insurance and Pension Funding | 2 |
| 66291 | Representative offices of foreign insurers | 0 |
| 66292 | Captive managers | 0 |
| 66299 | Other auxiliary insurance and pension services | 2 |
| 663 | Fund management activities | 25 |
| 6630 | Fund Management Activities | 25 |
| 66301 | Traditional/long-only asset/portfolio management | 17 |
| 66302 | Hedge fund management | 0 |
| 66303 | Property fund/REIT management | 0 |
| 66304 | Private equity firms | 0 |
| 66305 | Venture capital activities | 0 |
| 66306 | Single/multiple family offices activities | 0 |
| 66307 | Private debt funds | 0 |
| 66309 | Fund management activities n.e.c. | 8 |
Companies in Activities auxiliary to financial service and insurance activities56 companies
| Company | Status |
|---|---|
| PINE LABS SOLUTIONS PTE. LTD. 201703459W Other auxiliary financial services n.e.c. | Live Company 8 Feb 2017 |
| ACCLAIM INSURANCE BROKERS PTE. LTD. 198204786Z Insurance agencies and agents | Live Company 18 Nov 1982 |
| AON SINGAPORE PTE. LTD. 198301525W Insurance agencies and agents | Live Company 5 Apr 1983 |
| BEAZLEY PTE. LIMITED 200611993M Insurance agencies and agents | Live Company 17 Aug 2006 |
| DELTA UNDERWRITING PTE. LTD. 201709369N Insurance agencies and agents | Live Company 4 Apr 2017 |
| MITSUI BUSSAN PANA HARRISON PTE. LTD. 198002686E Insurance agencies and agents | Live Company 30 Jul 1980 |
| MONEYOWL PRIVATE LIMITED 201820691C Insurance agencies and agents | Live Company 18 Jun 2018 |
| PROMISELAND FINANCIAL ADVISORY PTE. LTD. 197902346W Insurance agencies and agents | Live Company 7 Aug 1979 |
| WILLIS TOWERS WATSON BROKERS (SINGAPORE) PTE. LTD. 198001608H Insurance agencies and agents | Live Company 16 May 1980 |
| WILLY INSURANCE BROKERS PTE. LTD. 198203081G Insurance agencies and agents | Live Company 20 Jul 1982 |
Useful information for businesses in this division
- Insurers and insurance brokers must be licensed or registered under the Insurance Act. (MAS, Insurance Act)
- Fund managers and securities dealers usually need a capital markets services licence. (MAS)
- Payment, remittance and money-changing services come under the Payment Services Act. (MAS, Payment Services Act)