Hong Kong insurance brokerage company transferInvolved license types、existinginsurance contract、CE arrangement、Historical business performance、Main business scope and equity changes and other core links。When we work on projects like this，Priority will be given to checking the license status、business continuity、Compliance Risks and Transaction Structure，Assist buyers and sellers to advance transfers on the basis of clear conditions。
Hong Kong insurance brokerage company transfer target one：PIBA Long Term（LLT）
The transfer subject matter is of PIBA category，The business scope involves Long Term (LLT)。The current intention to transfer is clear，Suitable for further evaluation by buyers who wish to take over existing insurance contract resources and existing business base。
- Transfer intention：clear
- quote：*0010,000 Hong Kong dollars
- Year of company establishment：201*Year
- Insurance contract signed：Mass、FT (Futong)、AXA (AXA)
- CE arrangement：Can talk，Long-term contract available，The monthly fee is HKD 35,000-60,000，The specific price needs to be further negotiated with CE
- ILAS：No
- Business approximation in the last 3 years：Commission income is approximately * million Hong Kong dollars
- Main business：General insurance and life savings insurance
For more detailed information on the subject of the PIBA transfer，You can consult Hong Kong Information Communications Consultants to further verify the license status.、Contract extension conditions and transaction feasibility。
Hong Kong insurance brokerage company transfer target 2：CIB Long Term（LLT）
The transfer subject matter is CIB category，The business scope involves Long Term (LLT)。The current intention to transfer is clear，But no insurance contract has been signed，Suitable for evaluation by buyers who are more concerned about license structure and subsequent independent business expansion.。
- Transfer intention：clear
- quote：*8010,000 Hong Kong dollars
- Year of company establishment：201*Year
- Insurance contract signed：No contract
- CE arrangement：Can talk，Long-term contract available，The monthly fee is HKD 25,000，The specific price needs to be further negotiated with CE
- ILAS：No
- Main business：General insurance and MPF business
Hong Kong insurance brokerage company transfer process
The core process of transfer of Hong Kong insurance brokerage companies usually focuses on changing equity。In actual operation，Buyers should also pay attention to company due diligence、License plate status check、Arrangements for CE and related licensed personnel、Is the insurance contract renewable?、Historical business and potential liabilities, etc.，Avoid completing transactions only in the form of equity transfer and ignoring subsequent compliance risks。
Hong Kong insurance brokerage license transferFees for Arrangements with CE
In the transfer transaction of Hong Kong insurance brokerage company，CE arrangements are a key factor affecting transaction stability and subsequent operational continuity。There are differences in monthly CE fees for different targets，The monthly fee for PIBA is HKD 35,000-60,000，The monthly fee for CIB is HKD 25,000，The final price is subject to specific negotiation with CE。If the buyer wants to ensure a smooth transition of the business，It is recommended to clarify the CE service period before transaction、Boundaries of responsibility、Renewal conditions and exit mechanism。
Market risk reference：Convoy Global Incident
Compliance and governance risks in Hong Kong’s insurance brokerage industry cannot be ignored。The media has reported，Wang Limin, chairman of Convoy Global (01019.HK), the “first stock” insurance brokerage in Hong Kong, was arrested by the Hong Kong Independent Commission Against Corruption at the airport after returning to Hong Kong from Taiwan on the 8th.，The incident is suspected to be related to suspected corruption in the share trading loan process。
subsequently，Convoy Global said in a statement，As the incident involves law enforcement actions and potential litigation，It is not appropriate to comment further at this time，and has taken the initiative to apply to the Hong Kong Stock Exchange for a temporary trading suspension.，to provide timely clarification on issues of major impact。
We recommend that buyers evaluate Hong Kong insurance brokerage company transfer projects，Not only focus on quotes、Contract and CE costs，A comprehensive review of the company’s historical transactions should be conducted、Equity structure、financial records、Compliance record and potential litigation risks，To ensure transaction security and subsequent operational stability。
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。
