Hong Kong insurance agency andinsurance brokerage companyHighly similar in functionality，All belong to insurance intermediaries。Its core role is to represent insurance companies’ products，And directly connect with end customers。The main advantage of this type of company is that，Can rely on the insurance company’s product system，Earn high commissions through sales，No need to bear product development costs and operating risks，It is a typical asset-light、Intermediary service business model。Because of this，Many industry insiders and investors are inclined to establish or acquire insurance agencies/brokerage companies，The Hong Kong government also supports this。
Insurance agency transfer core information
License status of each insurance agency、There are differences in contract resources and team configuration，These factors directly determine the transfer value and transaction conditions。The following is a compilation of specific information on currently transferable insurance agencies:。
License type one：PIBA (long-term insurance)
- Transfer intention：clear
- quote：X million HKD
- Year of company establishment：201X years
- Insurance contract signed：Mass、FT (Futong)、AXA (AXA)
- CE (Chief Executive Officer/Responsible Person)：Can talk，Long-term contract available，Monthly fee 35,000–60,000 HKD，The specific price needs to be negotiated with CE
- ILAS (Investment Linked Long-term Insurance)：none
- Approximate business volume in the past three years：Commission income is approximately HKD 3 million
- Main business：General insurance and life savings insurance
License Category 2：CIB (long-term insurance)
- Transfer intention：clear
- quote：X million HKD
- Year of company establishment：2017Year
- Insurance contract signed：No contract
- CE：Can talk，Long-term contract available，Monthly fee HKD 25,000，The specific price needs to be negotiated with CE
- ILAS：none
- Main business：General insurance and MPF business
Insurance agency transfer fees and price factors
License status of each company、Contract resources and team qualifications vary，Therefore, the transfer price has a large floating range.。For example，If the company has partnered with a large insurance company such as Prudential、AXA、AIA) signed a formal contract，And the rebate points are higher，The transfer price is usually more expensive。on the contrary，If you only hold contracts with small insurance companies，Or there is no contract yet，The price is relatively low，High cost performance，Suitable for buyers who are cost-sensitive or want to build their own cooperation network。
at the same time，The hiring fee for CE (Chief Executive Officer/Head-in-Charge) needs to be negotiated separately.，Monthly fees usually range from HKD 25,000 to HKD 60,000，Depends on CE’s qualifications and contract terms。
Further explanation on industry positioning
Hong Kong insurance intermediary industrywith high commissions、low risk properties，attract many practitioners。But please note，Whether it is an insurance agent or an insurance broker，Its operations are highly dependent on its cooperative relationships with insurance companies and the professional capabilities of its team.。When a buyer evaluates the transfer target，Focus on contract quality、Commission structure、Team stability and license compliance status。
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。
