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Hong Kong insurance intermediary:License transfer case and progress of Shengshi Dalian’s listing in Hong Kong

Financial card care question

Hong Kong insurance intermediary license transfer case

Hong Kong insurance intermediaries,i.e. insurance brokers and agencies,Because the local insurance industry is highly developed、Wider product coverage,Continue to attract a large number of insurance customers in Hong Kong,The market demand for formal intermediaries is always strong。However,Currently applyinginsurance broker licenseThere is a certain threshold,After obtaining the license, you need to further sign a product contract with the insurance company,This step often relies on strong business relationships,is another core difficulty。

We currently have a number of insurance intermediary companies that are in transfer status,Flexible configuration combinations:Already boundAXA、Allies、PrudentialThe subject matter of the contracts of the three major insurance companies,There are also ordinaryinsurance contractof institutions,Can be combined as needed。The following is a summary of a representative subject:

  1. Intention to sell:clear。
  2. quote:X million Hong Kong dollars
  3. insurance contract:Covers AXA、Allies、Contracts with more than 10 insurance companies including Prudential,Agency commissions are among the highest in the industry。
  4. Other financial licenses under the company’s name:4license plate。
  5. Responsible person (CE):Can be affiliated or retained,Fees to be negotiated separately。
  6. Company business:Existing business operates normally,The transaction only involves the transfer of license plates,The original business will be moved by the seller himself。

Progress of insurance intermediary Shengshi Dalian’s listing in Hong Kong

Shengshi Dalian, an insurance intermediary listed on the New Third Board, launched its listing plan in Hong Kong as early as May.,But it is still not completed yet。According to the observation of "Daily Economic News",This feature may match the conceptual direction currently favored by the Hong Kong stock market.。Fu Lichun, chief researcher of Northeast Securities New OTC Market, pointed out,The Hong Kong Stock Exchange is fully attracting new economy companies,Especially the biotechnology industry,Some companies on the New Third Board can be included in the search scope,The "Three + H" model also provides a convenient channel for New OTC companies that intend to list in Hong Kong.。

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Xu Wanting

Xu Wanting has been engaged in insurance and financial services compliance work in Hong Kong for many years,Responsible for the preparation of IA insurance brokerage regulatory compliance documents、Internal control process construction、AML system design、Regulatory filings and interactions with regulators。She is familiar with insurance product liability、sales compliance、Institutional requirements such as customer protection regulations and establishment of internal training and compliance systems。

Areas of expertise:IA Insurance Brokerage Regulatory Compliance Documentation、Internal control process construction、AML system design、Customer protection regulations、Internal training。

Previous institutions:Hong Kong insurance brokerage company & IA Compliance Team

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