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Hong Kong insurance brokerage license acquisition fee

Financial card care question

Hong Kong’s long history in the insurance industry has made Hong Kong’s insurance products deeply popular among the people,With the improvement of people's material level,Insurance awareness has also increased accordingly,Insurance is an investment in the future,Adhering to this concept,Large-scale purchase of insurance products from the Mainland to Hong Kong is no longer uncommon,After the Hong Kong Insurance Regulatory Authority took back its supervisory power over insurance companies,Tightening of approval,Investors tend to understand more about the acquisition of Hong Kong insurance brokerage licenses

cost

my country’s insurance market is in chaos,Therefore, the issuance of insurance licenses is very strict.,The same goes for Hong Kong,The influx of mainlanders buying insurance has prompted Hong Kong to tighten the issuance of relevant qualifications.,Mainly for the effective supervision of the industry,So Hong Kong insurance brokerage license acquisition

cost

Not low either。

There are similarities and differences between the issuance of insurance brokerage licenses in the Mainland.,Mainland

Require

Be able to pay more than 50 million yuan in registered capital,Insurance industry practitioners with corresponding experience。The Insurance Regulatory Authority of Hong Kong also

Require

Have paid-in share capital,It’s just different from mainland China in terms of funding.,This also affects the acquisition of Hong Kong insurance brokerage licenses

cost

a major factor。

The similarity is that,They are all very similar in terms of business models.,It is also a form of separation of production and sales,Insurance brokers are

Require

Have certain insurance product analysis capabilities,Provide policyholders with accurate insurance plans,Based on the interests of customers,More favored by policyholders,The current market situation regarding the acquisition of Hong Kong insurance brokerage licenses

cost

uneven,The acquirer can consider the following points:。

Hong Kong Insurance Brokerage License Acquisition

cost

and validity period of qualification、Business status and business scope、policy and other factors,The acquirer should study the value of the license from multiple angles,cannot be one-sided

cost

as the sole criterion for acquisition,If you are not confident about the Hong Kong insurance qualifications on the market,You should find a reliable third-party institution for acquisition。

It is the largest Hong Kong insurance brokerage license acquisition in Guangdong Province.、Agent、transfer service provider,Ad hoc Hong Kong resident office staff,Familiar with the Hong Kong Insurance Regulatory Authority’s window processing policies,Adhering to the one-stop service concept,Committed to providing convenient cross-border license comprehensive services to customers in Guangdong and Hong Kong,If you have any questions,Please call


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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