Joint venture requirements for Hong Kong insurance companies to establish branches in the Mainland
Hong Kong insurance companies can set up branches in the mainland，However, it must comply with the regulations on the form of joint venture。at present，Foreign-funded insurance companies are generally not allowed to open independent branches in the mainland，Only exceptions。For example，Hong Kong AIA also operates as a sole proprietorship in the country under the name AIA；Hong Kong Prudential Life and the Mainland cooperate to establish Prudential Life；AXA Hong Kong operates under the name ICBC-AXA；FWD Life cooperates to establish Pacific Aetna；Hong Kong Manulife Life and the mainland formed Sino-Hong Kong Life Insurance, etc.。
Overview of major insurance companies in Hong Kong
Hong Kong insurance market，Well-known insurance companies include：
- Prudential
- Allies
- China Life
- HSBC
- Manulife
- Bank of China
insurance brokerDifferentiation of responsibilities from insurance agents
There are essential differences in the roles of insurance brokers and insurance agents。Insurance brokers represent the interests of policyholders，Provide insurance consultation、Contract details review and other services，Regardless of whether the policy is ultimately signed or not，Each policy holder is required to pay a consultation fee。Insurance agents represent insurance companies，Aiming to facilitate policyholders to sign insurance policies，to earn commission income，If the contract is not signed，No reward。
In actual scenarios，Policyholders usually first learn about product details through insurance agents，Then hire an insurance broker to conduct an independent assessment.，To guard against contract traps，Ensure the rationality of decisions。
Hong Kong Insurance Broker Licenseprofessional application
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