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Renew status as work injury compensation designated insurer

You can renew your status as a work injury compensation (WIC) designated insurer.

At a glance

When to renew At least 2 months before designation expires.
Who can renew
  • Licensed insurers under the Insurance Act (Cap. 142)
  • Company representative
How much it costs
  • $200, including GST.
  • Fees are non-refundable, regardless of the outcome of your application.
  • After approval, pay an annual fee to use MOM’s WIC Data Exchange platform to upload and access policy and claims data.
How long it takes Up to 2 weeks
Requirements for compliance Conditions for Designated Insurer
Validity 3 years.

How to renew

You can only renew from 1 March 2023.

To renew your work injury compensation designated insurer registration:

  1. Download and print the Conditions for Designated Insurer.
  2. Get endorsement to adhere and abide by the Conditions. Your company’s Chief Executive Officer (or equivalent) must sign on the printed copy of the Conditions.
  3. Convert the signed copy of the Conditions to PDF.
  4. Renew online, you need Corppass.
  5. Attach the scanned PDF copy of the Conditions.
  6. You will receive an email with instructions to pay $200 fee online. We will only process your application upon payment.
  7. You will receive an email on the outcome of your application within 2 weeks of payment.