The prosperity of Hong Kong’s insurance brokerage market does not stem from the profound accumulation of local insurance culture,Mainly due to the active layout of international insurance companies。Prudential、Metrohm、Well-known brands such as Asia AIA,Essentially, they are all foreign-funded insurance companies.。Mainland insurance brokerage market development is relatively lagging behind,Closely related to the policy environment:On the one hand, the domestic insurance brokerage industry started late.,On the other hand, if foreign capital wants to enter the mainland market,Must be controlled by domestic enterprises。affected by this,A large number of foreign-funded enterprises choose to set up insurance institutions in Hong Kong,To enter the mainland and Asian markets more efficiently。
In order to assist more mainland enterprises to carry out Hong Kong and overseas insurance sales business in compliance with regulations,This article focuses on Hong KongInsurance Brokerage Company Transfercore matters involved。As of May 8, 2018,The Hong Kong Insurance Consultants Association and the Hong Kong Professional Insurance Brokers Association have issued a total of 762 insurance brokerage licenses,Among them, nearly a hundred insurance brokerage companies have completed qualification processing through Hong Kong Information Communication。At present, the transfer resources controlled by Hong Kong Information Communication include not only the Clearwater brand that has not signed a contract with any insurance company, but,It also covers the、Fortis、An asset-based insurance brokerage company that has established contractual relationships with insurance companies such as AIA。
Both PIBA and CIB can be issuedHong Kong Insurance Broker License。If you do not consider acquisition for the time being and choose to apply directly,It can also be used as a feasible path。
cost
The related fees for direct application will be relatively lower,However, the overall processing cycle will be extended。The main reason for the increase in time is the CIRC’s review of the background of the CEO and shareholders。Based on the experience of Hong Kong Telecom,Requires rigorous process design and professional operating techniques,In order to achieve smooth docking and communication with the China Insurance Regulatory Commission。
Process
When selecting the transfer target of a Hong Kong insurance brokerage company,Must fully understand its background,Includes commission structure and remaining term of existing contracts。For customers who lack actual acquisition experience,It is recommended to entrust a professional agency to lead the entire acquisition process,Otherwise, it will be extremely difficult to accurately determine the real situation of the transferor.。

transfer process
The information changes involved in the transfer of Hong Kong insurance brokerage companies are far from simple as they appear.。Does the CEO need to be changed?、How to change,Does the existing insurance contract need to be re-signed?,And whether it is necessary to provide details such as proof of source of funds.,All need to be handled with caution,Each link has its own internal norms and decision-making logic。
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。


