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How do I need to go through the procedures for an insurance adjuster? What is the registered capital? Are the funds handed over to the state or are they just capital verification?

It’s the application process for an adjustment company.,Apply for business license and business license from the Insurance Regulatory Bureau and the Industry and Commerce Bureau respectively.。

Article 9 To establish an insurance adjustment agency in the form of a partnership enterprise, the following conditions must be met::

  1.   
  2. Have more than two partners,And have corresponding civil capacity;  
  3. Have a partnership agreement that complies with legal requirements;  
  4. The capital contribution shall not be less than RMB 500,000 in paid currency;  
  5. Have a partnership name and domicile that complies with legal requirements;  
  6. Have senior managers who comply with the qualification management regulations of the China Insurance Regulatory Commission;  
  7. The number of insurance adjuster practitioners holding the "Qualification Certificate for Insurance Adjustment and Adjustment Practitioners" (hereinafter referred to as the "Qualification Certificate") shall not be less than two-thirds of the number of employees.;  
  8. law、Administrative regulations

Require

Other conditions met。

Article 10 To establish an insurance adjustment agency in the form of a limited liability company, the following conditions must be met::

  1.   
  2. There are more than 2 and less than 50 shareholders;  
  3. Have company articles of association that comply with legal requirements;  
  4. The registered capital shall not be less than RMB 500,000 in paid currency;  
  5. Have a company name that complies with legal requirements、Organization and residence;  
  6. The number of insurance adjusters holding the "Qualification Certificate" shall not be less than two-thirds of the number of employees.;  
  7. Have senior managers who comply with the qualification management regulations of the China Insurance Regulatory Commission;  
  8. law、Administrative regulations

Require

Other conditions met。

Article 11 To establish an insurance adjustment agency in the form of a joint-stock company, it must meet the following conditions at the same time::

  1.   
  2. Have more than 5 sponsors who comply with legal requirements;  
  3. Have company articles of association that comply with legal requirements;  
  4. The registered capital shall not be less than RMB 10 million in paid currency;  
  5. Have a company name that complies with legal requirements、Organization and residence;  
  6. The number of insurance adjusters holding the "Qualification Certificate" shall not be less than two-thirds of the number of employees.;  
  7. Have senior managers who comply with the qualification management regulations of the China Insurance Regulatory Commission;  
  8. law、Administrative regulations

Require

Other conditions met。

Article 12 The legal name of an insurance adjustment agency shall include the words "insurance adjustment"。Article 13 In accordance with relevant laws、Administrative regulations and the provisions of the China Insurance Regulatory Commission cannot invest in insurance assessment agencies and individuals.,Not allowed to become a shareholder of an insurance adjustment agency、Sponsor or partner。Article 14 The qualifications of senior managers of insurance adjustment agencies shall be reviewed by the China Insurance Regulatory Commission。

The senior managers of insurance adjustment agencies referred to in these regulations include the chairman of the board of directors、General manager、Deputy general manager or principal person in charge of a partnership。The content and method of qualification review for senior managers of insurance adjustment agencies include review of application materials、inspection talk、Exams, etc.。The conversation should be recorded,The interview record must be signed by both the investigator and the person being inspected.。

Application materials、Investigate conversation records、Examination scores serve as an important basis for reviewing the examinee’s qualifications,Opinions of the China Insurance Regulatory Commission on the review of the qualifications of the person under investigation,Also stored in the qualification file of the person being inspected。


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