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How much does it cost to acquire a Hong Kong insurance brokerage license?

Financial card care question

To be precise, an insurance brokerage license should be called an insurance brokerage business license.,Obtaining an insurance brokerage license is not easy,But it’s the same whether it’s from mainland China or Hong Kong.。The insurance industry has been booming in recent years,Increased public awareness of unknown risk prevention,Insurance products have become a necessity for adults’ risk control or investment and financial management.。Increased public demand for insurance products,The insurance industry has developed rapidly。

Many mainland Chinese residents will go to Hong Kong to purchase insurance products regardless of geographical restrictions.,This craze has lasted for 7 years and continues unabated.。Relevant domestic institutions have taken certain measures to limit the amount of a single purchase of insurance products.,However, the craze for going to Hong Kong to buy insurance products remains unabated.。——Many investors see the development potential of the insurance industry,Want to set up an insurance brokerage company,Obtain an insurance broker license。

However, it is not easy to obtain admission qualifications for the insurance brokerage industry.,In order to avoid chaos in the industry, regulatory authorities,Promote the sustainable and healthy development of the insurance industry,At present, we adopt a strict management attitude towards the examination and approval of insurance brokerage licenses.,Approval of licensing qualifications is slowing down。The examination and approval of Hong Kong insurance brokerage licenses is carried out by the Hong Kong Insurance Authority,It’s less than a month since the Hong Kong Insurance Regulatory Authority officially opened for business,But supervision is not sloppy。

Hong Kong’s insurance industry has developed over a century,Higher concentration of insurance brokerage firms,Market competition is also greater。It is both an opportunity and a challenge for investors who want to enter the Hong Kong market.。What investors should meet when applying for a Hong Kong insurance brokerage license,Material,

cost

All issues such as this are understood。

In addition to strict supervision,The threshold for applying for an insurance brokerage license is also very high.,Registered capital,Issues concerning practitioners, etc.,Regulatory authorities are strict

Require

。Practitioners

Require

Holds an insurance brokerage manager qualification certificate issued by the Hong Kong regulatory authorities,Insurance broker-type qualifications are more difficult to obtain than insurance agent-type qualifications。in addition,Supervisory departments will strictly inspect the academic certificates of senior managers,Ensure the authenticity of documents。

————The Hong Kong Insurance Regulatory Bureau is officially launched,To a certain extent, it shows the importance that regulatory agencies will attach to the supervision of the insurance industry.。For investors who want to start insurance brokerage business in Hong Kong as soon as possible,The suggestion is to purchase an existing Hong Kong insurance broker license on the market。Transfer of existing Hong Kong insurance broker license,Complete qualification materials,有需要的朋友请致电.


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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