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Hong Kong insurance brokerage company agent,Current license transfer

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Hong Kong insurance brokerage company agent。in recent times,Taking out insurance in Hong Kong has become increasingly popular。This is mainly because Hong Kong’s insurance is open to the world,And Hong Kong is the only economy well-known in the world,Premiums are cheaper,High return,Large coverage,Claims terms are also more relaxed and most of the insurance companies operating insurance business in Hong Kong are **** multinational insurance companies.,Plus Hong Kong’s legal system,Give policyholders a high degree of trust and comprehensive protection。

As the popularity of Hong Kong’s insurance industry gradually increases,,Setting up an insurance brokerage company in Hong Kong has become the choice of many knowledgeable people.。Manager Peng Yi accepts the agency of a Hong Kong insurance brokerage company,And there are current cards to choose from。If you are interested, please contact me,Communicate。

With the formation of the Guangdong-Hong Kong-Macao Greater Bay Area,Release of the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area,The country’s strategic intention to build the Guangdong-Hong Kong-Macao Greater Bay Area is very clear and clear,The space for arbitrage of various systems and policies among the three places will inevitably be gradually eliminated with the integration and development.,People between the three places、funds、fusion of institutions,It will also expand the influence of Hong Kong insurance、Lay the foundation for increasing coverage。

The construction of the Guangdong-Hong Kong-Macao Greater Bay Area,It is very likely that Hong Kong insurance will reach a wider mainland population more conveniently。Insurance brokerage income refers to any business that has an insurance component(No matter how many ingredients)Income earned from providing advice or arrangements for contracts。Insurance brokers or their chief executives must comply with the requirements of a continuing professional training program in the manner and form specified by the IA。

Insurance brokers who are not individuals are only qualified to engage in the scope of insurance business that their chief executive is qualified to engage in。Insurance brokers are required to deposit client funds into a client's bank account,separate from its own monies。He shall not use client money for any purpose other than that of the client concerned。

"Customer Account" shall be defined as follows,and held by insurance brokers on behalf of their clients:(i)"Client Account" means an account in the name of an insurance broker,under banking regulations(Chapter 155)Opened by a duly authorized financial institution,Current or savings account with "Customer" in the name。(ii)Insurance brokers must maintain at least one client account,and may maintain as many customer accounts as he thinks fit。

(iii)If an insurance broker accepts or holds money on behalf of his client that relates to insurance brokerage business,These funds must be deposited into the relevant customer accounts promptly。An insurance broker is an agent who acts as an agent for insurance holders or potential policy holders,A person carrying on the business of negotiating or arranging insurance contracts in or from Hong Kong,or a person carrying on a business of advising on matters relating to insurance。

Insurance contract refers to a contract term that contains insurance components,When any person acts as agent for a policyholder or potential policyholder,Advising on or arranging contracts that contain an insurance element (regardless of the amount of insurance element),That is regarded as operating insurance economic business。The person must apply for authorization from the Insurance Authority or obtain approval from the Insurance Authority in accordance with the Ordinance,Become a member of the insurance economics community。

Before the Insurance Authority authorizes any insurance broker under section 69,Must be satisfied that the insurance broker applying for at least meets the minimum requirements specified by the IA。same,Before the Insurance Authority authorizes any insurance brokerage body under section 70,Must be satisfied that the applying body has sufficient provisions in its regulations to enable its members to comply with the specified minimum requirements。Need to apply for a Hong Kong insurance brokerage company,Just ask Manager Peng Yi。


About Hong Kong Xintong

Hong Kong Xintong focuses onHong Kong Securities and Futures Commission licenseHong Kong Insurance Broker LicenseHong Kong MSO Licenseandmoneylenders licenseApply for service,Assist customers to applyUS MSB license、NFA、RIA、Canadian MSB license、Mainstream overseas financial licenses such as Australia and Mexico,Support enterprises to achieve compliance expansion of cross-border financial business。Also availableCayman Islands Offshore Company Registration、Offshore fund establishment and global compliance operations and other services,Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more,Please contactHong Kong Information Communications Consultant

Editing of articles in this issue:

Picture of Xu Wanting

Xu Wanting

Xu Wanting has been engaged in insurance and financial services compliance work in Hong Kong for many years,Responsible for the preparation of IA insurance brokerage regulatory compliance documents、Internal control process construction、AML system design、Regulatory filings and interactions with regulators。She is familiar with insurance product liability、sales compliance、Institutional requirements such as customer protection regulations and establishment of internal training and compliance systems。

Areas of expertise:IA Insurance Brokerage Regulatory Compliance Documentation、Internal control process construction、AML system design、Customer protection regulations、Internal training。

Previous institutions:Hong Kong insurance brokerage company & IA Compliance Team

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