Insurance broker represents policyholders,rather than on behalf of the insurance company。Its core responsibility is to find suitable insurance plans for policyholders in the insurance market,You can also compare and purchase plans from multiple insurance companies at the same time。An insurance broker can be a company or an individual,Commissions are usually their main source of income。
Business positioning and authorization requirements for Hong Kong insurance brokers
Insurance brokers doing business in Hong Kong,Must obtain approval from the Office of Insurance Commissioner,or one of the industry groups,That is, authorized by the Hong Kong Federation of Insurance Consultants or the Hong Kong Professional Insurance Brokers Association,Only in order to perform relevant business functions。For companies planning to enter the insurance intermediary market,License type、Compliance person arrangement、Existing contracts and business income status,will directly affectacquisition、Transfer and subsequent operating arrangements。
Hong Kong insurance brokerage company transferReference information
The following are typical information dimensions in the transfer of Hong Kong insurance brokerage companies,Covered license types、Transfer intention、quote、Year of establishment、Insurance contract signed、CE arrangement、cost、ILAS situation、Key matters such as business scale and main business in recent years。
PIBA long term(llt) License transfer information
- License type:PIBA, long term (llt)
- Transfer intention:clear
- quote:X million RMB
- Year of company establishment:201X years
- Insurance contract signed:Mass, AXA (AXA)
- CE:Can talk,Long-term contract available
- monthly fee:35000-60000,The price needs to be discussed with CE in detail.
- ILAS:No
- Approximate business volume in the past three years:Commission income is approximately HKD 3 million
- Main business:General insurance and life savings insurance
CIB long term(llt) License transfer information
- License type:CIB, long term (llt)
- Transfer intention:clear
- quote:X800,000 RMB
- Year of company establishment:201x year
- Insurance contract signed:No contract
- CE:Can talk,Long-term contract available
- monthly fee:25000/moon,The price needs to be discussed with CE in detail.
- ILAS:No
- Main business:General insurance and MPF business
Development opportunities and practical challenges of the insurance brokerage industry
The domestic insurance industry has developed rapidly in recent years,Whether it is the rapid increase in premium scale,Or is it the continued increase in people’s willingness to purchase insurance?,All provide important growth opportunities for the entire insurance industry。Compared with the increasing maturity and growth of insurance companies,,There is still room for improvement in the development speed of insurance intermediaries and insurance brokerage companies。
The value of insurance brokerage business lies in returning to customer needs themselves,Through more open market options、More professional product screening and more neutral insurance advice,Provide policyholders with relatively basic insurance allocation plans。For institutions wishing to enter the market through acquisition or transfer,Compliance Basics、license plate status、CE stability and existing business quality,These are all core matters that must be carefully checked before trading.。
Financial license application and transfer services
Hong Kong Xintong can assist in applying for various financial licenses,includeHong 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、Hong Kong Financial License No. 1469;We can also provide various financial license transfer services.。
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。

