Hong Kong Insurance AuthorityData display，The premiums paid by mainland visitors to purchase insurance in Hong Kong increased from HK$3.2 billion in 2008 to HK$72.6 billion in 2016.，An increase of more than 20 times in eight years，Accumulated policyholders number in the millions，Fully reflects the strong demand for Hong Kong insurance in the mainland market。With the integrated development of the Guangdong-Hong Kong-Macao Greater Bay Area，Mainland and Hong Kong insurance industry restrictions gradually relaxed，A Hong Kong insurance replacement service center may be established in the region in the future。By then，Hong Kong insurance operators will usher in greater development opportunities。Hong Kong Xintong's existing Hong Kong insurance brokerage company license is pending transfer，Also undertake2026Detailed explanation of Hong Kong insurance brokerage license application requirements and proceduresAgency business，Welcome to contact us for consultation through the website。
Hong Kong insurance brokerage company customer account management requirements
Customer Account Definition
insurance brokerClient funds must be deposited into separate client accounts，Strictly separate from own funds，and shall not be used for other purposes。The definition and requirements of customer accounts are as follows:：
- Client account means a current or savings account opened in the name of an insurance broker with a financial institution duly authorized under the Banking Ordinance (Chapter 155)，The account name must contain the word "Customer"。
- Insurance brokers must hold at least one client account，And we can open multiple ones according to actual needs.。
- Business money received or held by insurance brokers on behalf of clients，should be deposited immediately into the relevant customer account。at the same time，Insurance brokers must obtain confirmation from the financial institution that they have been notified of the relevant requirements stipulated in Section 71 of the Ordinance。
Amounts to be deposited into the client's account
Without prejudice to the generality of the above provisions，The following amounts must be deposited into the client's account：
- Payments received from customers for the purchase of insurance contracts；
- Represent clients to insurers、reinsurer、Insurance claim payments collected by insurance intermediaries or any third parties；
- Collect payments for clients incidental to general insurance brokerage transactions；
- Amounts required to be deposited to cover bank charges on the client's account。
Amounts available to withdraw from client accounts
Withdrawals from client accounts are limited to the following circumstances：
- Represent clients to insurers、Payment by a reinsurer or other insurance intermediary to purchase an insurance contract；
- Claim monies paid on behalf of the client to the claimant or person entitled to receive the monies；
- Payments to clients incidental to general insurance brokerage transactions；
- Withdrawals with written authorization from customers；
- Interest charged on deposits in customer accounts；
- Amounts required to be withdrawn to pay bank charges on the client's account；
- In case of failure to comply with the above(iv)under the circumstances specified in，Money deposited into an account incorrectly or accidentally。
About Hong Kong Xintong
GXT-HKComposed of professional teams from mainland China and Hong Kong，Focus on providing global company registration、Financial license application、Bank account opening、One-stop cross-border services such as tax financial planning and compliance consulting，Core covers Hong Kong MSO license、Hong Kong Insurance Brokers and Hong Kong Money Lenders Licenses、US MSB license、Hong Kong 149 license、9license plate，Helping enterprises to go overseas efficiently and compliantly，Steady global layout。
