An insurance agent is entrusted by the insurer,Charge commission to the insurance company,and an institution or individual that handles insurance business on its behalf within the scope authorized by the insurer.。Insurance agencies include professional insurance agencies that specialize in insurance agency business and part-time insurance agencies that also engage in insurance agency business.。insurance brokerbased on the interests of the policy holder,Provide intermediary services for policyholders and insurers to conclude insurance contracts,and institutions that collect commissions in accordance with the law。
Insurance agencies andinsurance brokerPersons must meet the conditions specified by the Hong Kong Insurance Regulatory Authority,Obtain an insurance agency business license issued by the agency、insurance brokeragelicense。
Application conditions
Managers of professional insurance agencies and insurance brokers must be of good conduct,Familiar with insurance laws、Administrative regulations,Possess the operational and management capabilities required to perform responsibilities,and obtain qualifications approved by the Hong Kong Insurance Regulatory Authority before taking up the post.。
Registered capital requirements
The registered capital or capital contribution of professional insurance agencies and insurance brokers must be paid-in monetary capital。Established in the form of a company,Its minimum registered capital must comply with relevant regulations。The Hong Kong Insurance Regulatory Authority may adjust this limit based on the business scope and business scale.,But it shall not be lower than the prescribed standard。
About Hong Kong Xintong
Hong Kong Xintong focuses onHong Kong Securities and Futures Commission license、Hong Kong Insurance Broker License、Hong 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。

