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New transfer of association certificate issued by CIB or PIPA, a Hong Kong insurance brokerage company

Financial card care question

Hong Kong insurance brokerage companies Hong Kong insurance is relatively famous,Everyone says Hong Kong’s insurance products are better,There are more things that are protected over there. It says so.,Actually I haven't studied it,But I know for a fact that many people buy insurance in Hong Kong,Who did they buy from?,Here comes a professional insurance broker,a corporate insurance brokerage。

The main role of an insurance brokerage company is to act rationally from the customer's perspective and help customers select insurance products so as to optimize the customer's asset allocation.,Therefore, seed companies are still very popular.。Then why do I say all this?,That means we can apply for an insurance broker license,But it will take a long time and the price is not cheap.,We will recommend customers to acquire more,Because we have ready resources。

If you want to know more, please feel free to consult me ​​about the resources transferred. I have three insurance companies in hand.,Details are as follows:

  1. AIA+Prudential with CE,High commission。quote:X million Hong Kong dollars。
  2. AIA+Prudential with CE,low commission。quote:X300,000 Hong Kong dollars。
  3. No Contract-Clear Water Brand,带CE,short term transition。quote:X200,000 Hong Kong dollars。

If you have some other resources on hand, you can communicate in detail over the phone or come to the company to chat in detail.,There are many resources and there is always a Hong Kong insurance brokerage company that suits you.

Application conditions

  1. Must be a company incorporated in Hong Kong or an overseas company registered with the Hong Kong Companies Registry。Have a physical office address、Company account。
  2. Sufficient equity:Insurance brokerage companies are required to maintain a minimum net asset value and minimum paid-up share capital of at least HK$100,000 at all times.。
  3. Compliance CEO:1name,Must be a full-time director or full-time employee of the company’s business in Hong Kong。
  4. Professional Civil Compensation Insurance - Adequate Payment Reserves:Policy financing is not less than HKD 3 million,The maximum amount is HKD 75 million。The premium is generally about HK$10,000/year。
  5. At least one separate storage customer account:The client's funds must be deposited into a client's bank account,separate from its own monies。

Customer funds shall not be used for any other purpose other than the customer’s purpose.。The China Banking and Insurance Regulatory Commission recently released the reinsurance risk factor plan under the solvency equivalence assessment framework of the Mainland and Hong Kong.,The China Banking and Insurance Regulatory Commission issued the "Regulations on the Solvency Supervision of Insurance Companies - Questions and Answers No. 1":"Reinsurance counterparty default risk factors in Hong Kong during the transition period of the Solvency Supervision Equivalence Framework Agreement" (hereinafter referred to as "Questions and Answers")。

The "Answers to Questions and Answers" clarifies when direct mainland insurance companies cede reinsurance business to qualified reinsurance institutions in Hong Kong.,Credit risk factors that should be applied to solvency assessments。


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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