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Hong Kong insurance brokerage company qualification application,Full registration process

Financial card care question

some time ago,Hong Kong proposed at the meeting,It is recommended to lower the threshold for CEPA insurance companies to operate in the mainland,Allow Hong Kong's large-scale insurance companies to enjoy "national treatment" status,Allowing sole proprietorships to operate primary businesses in the Mainland,Relaxation of using China UnionPay cards to pay renewal premiums in Hong Kong。After the Vice Chairman of the Mainland China Insurance Regulatory Commission met with the Commissioner of the Hong Kong Insurance Regulatory Commission,,signed a framework agreement,It also marks that the China Insurance Regulatory Commission has officially recognized the status of Hong Kong insurance in mainland China.。

Manager Peng Yi currently has a Hong Kong insurance brokerage company to be transferred to。At the same time, we professionally handle various financial licenses。Including Hong Kong insurance broker license、Private equity fund license、insurance broker license、insurance agent license、Insurance adjuster license、Commercial factoring license、Financial leasing license、pawn shop license、Financing guarantee license、Small loan license、Pay license、Crowdfunding company license、Credit reporting license、Internet financial brand。

Have a professional accountant、lawyer、Financial advisory team,Use professional knowledge and control service quality and speed,Establish support service platform and solutions for enterprise expansion。anyone,Whether it is a sole proprietorship、partnership or limited company,Anyone can apply to the Insurance Regulatory Bureau to become an authorized insurance broker。

When an insurance broker applies for authorization and subsequently renews the authorization,must satisfy the IA that it complies and continues to comply with all relevant statutory provisions,These include the minimum requirements specified by the IA in the following areas::(a)Nomination of Chief Executive Officer Insurance brokers are required to nominate a Chief Executive Officer。The chief executive must be a fit and proper person,and must meet the minimum requirements specified by the Insurance Authority in terms of qualifications and experience。

Without limiting the generality of the definition of chief executive:(i)If it is a sole proprietorship,then the sole proprietor shall be deemed to be the chief executive officer,and shall be fully responsible for the sole proprietorship's brokerage business;(ii)If it is a partnership,The chief executive must be one of the partners who supervises or operates the business of the partnership,and shall take full responsibility for the brokerage business of the partnership firm;(iii)If a limited company,The chief executive must be a full-time director or full-time employee who supervises or operates the company’s business in Hong Kong。

Qualifications and Experience Insurance Broker or Chief Executive Officer nominated by the Insurance Broker,must(1)Aged 21 or above;(2)Be a permanent resident of Hong Kong,or a Hong Kong resident whose work visa (if any) does not restrict him from engaging in insurance brokerage business;(3)Have at least Form 5 education or equivalent qualifications;as well as(4)Meet the following(i)or(i i)one of them

Require

︰(i)Hold a recognized insurance qualification,Have at least two years’ experience in a management position in the insurance industry,and if he intends to engage in the business of brokering long-term insurance (including linked long-term insurance),Unless pursuant to Section 1 below(i i)(2)item exempted,Must pass the "Investment-linked Long-term Insurance Exam Paper" in the Insurance Intermediary Qualification Examination ("Qualification Examination") recognized by the Insurance Regulatory Authority[下文(i i)coupons for items(d)]。

(ii)Recognized insurance qualifications include:(1)英国特许保险学院院士或资深院士(A C I I或F C I I);(2)Senior Associate or Senior Member of the Insurance and Finance Institute of Australia and New Zealand[A N Z I I F(S n r A s s o c)或A N Z I I F(Fe l l o w)];(3)美国寿险管理学会会士(F L M I);(4)特许寿险承保人(C L U);(5)美国特许财产保险学会会士(C P C U)


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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

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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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