Approval process for the establishment of Chinese-funded insurance adjustment agencies

one、The Insurance Regulatory Bureau accepts applications for the establishment of insurance adjustment agencies in accordance with the "Regulations on the Administration of Insurance Adjustment Agencies"

Require

，The Insurance Regulatory Bureau inspects the application materials，Make a decision on whether to accept the application (completed within 5 working days)，and make the following processing：

1. Application materials are incomplete or do not comply with legal forms，The applicant should be notified on the spot or within 5 working days of all the content that needs to be supplemented and corrected.，Prepare and deliver a notice of supplementation and correction of application materials。
2. Complete materials，comply with legal form，Or the applicant can follow

Require

Submit all supplementary and corrected application materials，Within 5 working days from the date of receipt of complete application materials，Prepare and deliver acceptance notice，The acceptance status will be reported in a timely manner through the China Insurance Regulatory Commission’s intranet information platform - Insurance Intermediary Supervision Department - Institutional Approval webpage.。

two、The Insurance Regulatory Bureau examines and verifies the application for the establishment of an insurance adjustment agency in accordance with the "Regulations on the Administration of Insurance Adjustment Agencies"

Require

，The Insurance Regulatory Bureau will review the content of the materials item by item.。For compliance with

Require

application materials，The Insurance Regulatory Bureau shall provide review and verification opinions on the establishment application within 20 working days.，At the same time, submit a complete application material to the China Insurance Regulatory Commission。

1. Shareholder Talk After the China Insurance Regulatory Bureau receives the application materials，Can call on major investors、Proposed legal representative and proposed general manager to provide investment risk warnings，Conversation on application for establishment matters：Understand the basic information and investment motivations of shareholders，Including the authenticity of application materials and funds in place；Understand the work experience of the proposed legal representative and general manager as well as their plans and ideas for the company's development；Introduce the development status of national and local insurance markets and insurance intermediaries，Prompt the main risks and problems existing in the local insurance intermediary market；Introducing the China Insurance Regulatory Commission’s regulatory policies for insurance intermediaries and current regulatory priorities，Reminder that insurance intermediaries need to hire an accounting firm to audit the organization's financial and legal compliance after the end of each fiscal year.，Remind insurance intermediaries to pay deposits in accordance with the law。

The Insurance Regulatory Bureau should record the conversation and archive it。

1. Review application for establishment
2. Is the "Application Form for the Establishment of an Insurance Adjustment Agency" filled out completely?、reality。
3. Is the certificate of the designated representative or jointly appointed agent complete?、reality。
4. Whether the content of the feasibility report is complete and realistic，Includes market situation analysis、Business development plans and profit forecasts for the past three years, etc.。
5. Whether the contents of the company’s articles of association or partnership agreement are in compliance with the Insurance Law、Conflict with the Company Law or Partnership Enterprise Law and relevant provisions of the China Insurance Regulatory Commission。
6. natural person shareholder、Copy of identity certificate of sponsor or partner，Non-natural person shareholders、Are copies of the sponsor’s business license and the financial statements of the last three years stamped with the financial seal authentic?、whole。
7. Does the capital comply with

Require

Whether to provide a capital verification certificate issued by a legally qualified capital verification agency、Copy of original voucher for capital entry。

1. Whether the enterprise name pre-approval notice issued by the industrial and commercial administration department has been obtained，Is the name similar to the names of other intermediaries and insurance companies?。
2. Whether the internal management system is sound and whether it includes the organizational framework of the institution、Decision-making process and business、finance、Personnel and other systems。
3. Whether to formulate business service standards for the organization。
4. Whether the application materials for the qualifications of the proposed senior managers are complete and whether they meet the qualification conditions。
5. Whether the number of insurance adjusters holding the "Qualification Certificate" is not less than half of the number of employees，and no less than two people。
6. Whether the residence or business premises has legal right to use it。
7. Founder of insurance adjuster、Whether shareholders or partners are legal、Administrative regulations stipulate that units or individuals cannot invest in insurance adjustment agencies。Such as party and government agencies、force、group、Public institutions allocated funds by the state and senior managers of insurance companies, etc.。
8. Is the description of computer software and hardware equipment true?、whole。
9. On-site acceptance The CIRC can organize on-site acceptance based on actual needs.。
10. Verify whether the copies of application materials are consistent with the originals。
11. Verify whether the office space and corresponding office facilities are consistent with the application materials and meet basic needs。
12. Can the computer software and hardware meet the needs of off-site supervision? Is the necessary off-site supervision information system installed?。
13. Whether personnel comply with relevant regulations and whether they have received necessary business training。
14. Other contents of on-site acceptance stipulated by China Insurance Regulatory Commission。
15. Submit review materials to each CIRC bureau within 20 working days from the date of accepting the application materials.，Complete review work，and submit the following materials to the China Insurance Regulatory Commission：Establish audit opinions and on-site acceptance report。To effectively control the approval time，The Insurance Regulatory Bureau first uploads its review opinions and on-site acceptance report through the Insurance Regulatory Commission’s intranet information platform - Insurance Intermediary Supervision Department - Institutional Approval Webpage，Then submit the original document to the China Insurance Regulatory Commission。

three、The China Insurance Regulatory Commission will make a decision on whether to approve the application for the establishment of an insurance adjustment agency within 20 working days after receiving the materials submitted by the Insurance Regulatory Bureau.，Review submitted materials，and make a decision on whether to permit the establishment。Four、Serving the decision to the applicant (1) The Insurance Regulatory Bureau prepares and delivers the permit approval reply、License for operating insurance adjustment business or notice of disapproval。

Decide not to grant permission，Prepare and serve a notice of disapproval，Explain the reasons and inform the applicant that he or she has the right to apply for administrative reconsideration or file an administrative lawsuit in accordance with the law.。The above work is completed within 10 working days。(2) End of license，The China Insurance Regulatory Commission will manage all licensing documents and materials in accordance with the archives

Require

Archive，and publish the licensing results on the CIRC website。

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