Hong Kong’s insurance market is highly mature，Rich selection of insurance products，Attracting a large number of customers to Hong Kong for a long time to configure protection and asset management solutions。In the actual transaction process，Clients usually go through an insurance broker orinsurance brokerage companyGet product comparisons、Plan screening and insurance assistance。therefore，Hong Kong insurance brokerage companyIt has important commercial value in cross-border insurance services and customer asset allocation.。
The core role of insurance brokerage companies，Evaluate the coverage of different insurance products from the customer’s perspective、Cost structure and configuration adaptability，Assist customers to make more reasonable insurance arrangements。For companies planning to enter the insurance brokerage business in Hong Kong，You can choose to apply by yourselfHong Kong Insurance Broker License，You can also passacquisitionReady-made licensed companies quickly enter the market。Due to the long license application period、Compliance requirements are higher、The overall cost is not low，In practice, we usually combine it with the customer's business plan，Evaluate whether to improve implementation efficiency by acquiring ready-made resources。
Hong Kong insurance brokerage company transferResource situation
Currently we have the resources of three Hong Kong insurance brokerage companies，Can be based on customer budget、Matching contract requirements and transition arrangements：
- Allies + Prudential Contract，带 EC，High commission。quote：X million Hong Kong dollars。
- Allies + Prudential Contract，带 EC，low commission。quote：X300,000 Hong Kong dollars。
- No contract clear water brand，带 EC，Suitable for short term transition。quote：X200,000 Hong Kong dollars。
In addition to the above resources，We also have other Hong Kong insurance brokerage company transfer projects，You can communicate over the phone or go to the company for an interview to learn more.。Different resources in the contract、commission、license plate status、There are differences in personnel arrangements and subsequent maintenance costs，It is recommended to complete due diligence before trading、Compliance verification and delivery arrangement design。
Hong Kong insurance broker license application requirements
If an enterprise chooses to apply for a Hong Kong insurance broker license by itself，Usually the following basic conditions need to be met：
- The applicant must be a company incorporated in Hong Kong，or an overseas company registered with the Hong Kong Companies Registry；At the same time, you should have the actual office address and company account.。
- Must have sufficient share capital。Insurance brokerage companies are required to maintain a minimum net asset value and minimum paid-up share capital of not less than HK$100,000 at all times.。
- Must have a compliant CEO。The number of CEOs is 1，and must be a full-time director or full-time employee of the company’s business in Hong Kong。
- Professional indemnity insurance required，and maintain adequate solvency reserves。The policy amount is not less than HKD 3 million，The maximum amount is HKD 75 million；The premium is generally about HK$10,000/year。
- At least one separate client money account must be established。Insurance brokerage companies must deposit client money into client bank accounts，And manage it separately from your own funds，Client monies may not be used for any purpose other than those of the relevant client。
Solvency Equivalence Assessment Arrangement between the Mainland and Hong Kong
The China Banking and Insurance Regulatory Commission recently issued the "Regulations on the Solvency Supervision of Insurance Companies - Questions and Answers No. 1"："Reinsurance counterparty default risk factors in Hong Kong during the transition period of the Solvency Supervision Equivalence Framework Agreement" (hereinafter referred to as "Questions and Answers")。
The "Answers to Questions and Answers" clarifies when direct mainland insurance companies cede reinsurance business to qualified reinsurance institutions in Hong Kong.，Credit risk factors that should be applied to solvency assessments。This arrangement will help promote the connection between the mainland and Hong Kong insurance markets under the solvency regulatory framework.，It also further reflects the important position of Hong Kong’s insurance market in cross-border insurance and reinsurance business。
Hong Kong Xintong serves as a care provider for China and Hong Kong brands，Long-term assistance to clients in evaluating acquisitions of Hong Kong insurance brokerage companies、License application、Compliance structure construction and subsequent operation and maintenance plan。For companies planning to enter the Hong Kong insurance brokerage industry，We will match from resources、license plate status、Personnel qualifications、Contract situation、Comprehensive judgment based on customer account arrangements, regulatory requirements and other dimensions，Help customers reduce transaction and compliance risks。
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。
