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Hong Kong insurance brokerage company registration conditions and procedures

Financial card care question

due to historical reasons,Hong Kong’s insurance industry is highly praised by mainlanders,As an international financial center,High degree of openness to the outside world,Therefore, the acceptance of insurance is generally high,But with insurance products flooding the entire Hong Kong market,,People find it difficult to choose insurance products,Therefore, policyholders will refer to the opinions of insurance brokers,in recent years,The number of registered insurance brokerage companies in Hong Kong is on the rise,However, the registration conditions and procedures

Require

not low。

Same,It is not difficult to register a shell insurance brokerage company in Hong Kong,But if you do not have the qualification certified by the Hong Kong Insurance Regulatory Bureau,It is impossible to start insurance brokerage business in Hong Kong,The company's regular operations require professionals as the basic elements for carrying out activities.,Unlike an insurance agent,Insurance brokers can mainly connect with multiple insurance products,Then recommend the best insurance plan based on the actual needs of the policy holder.,Nowadays, the popularity of going to Hong Kong for shopping from the mainland is rising sharply.,Hong Kong insurance brokerage company registration conditions and procedures are of concern to mainland investors。

Since the launch of the Hong Kong Insurance Regulatory Authority,The approval process for insurance licenses has been tightened,There is a minimum required paid-in share capital

Require

、professional practitioners、and related systems。in,For practicing insurance brokers

Require

What applicants need to know。

first,People who enter the insurance brokerage industry,

Require

Obtained authorization and recognition from the Insurance Regulatory Bureau,Insurance brokerage or the position of chief executive officer

Require

Mainly from age、Do you hold a Hong Kong resident visa?、education level、Equity、Restrictions on net assets and other aspects。

Eligible for those aged 21 and over、People who are Hong Kong permanent residents or have working visa terms in Hong Kong、Secondary five or above education level,At the same time, it has a share capital of more than 100,000 Hong Kong dollars.、net worth crowd,It meets the review standards of the approval department。

,Ten years of Hong Kong company registration experience,Mainly engaged in Hong Kong insurance brokerage qualification agency、acquisition、Transfer and other comprehensive services,Able to accurately cater to customers’ needs for cross-border operations,Familiar with Hong Kong’s various approval policies,It is our long-term maintenance of the industry

Advantages

key,If you have any questions about the registration requirements and procedures for Hong Kong insurance brokerage companies,Welcome to contact us immediately


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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