first inHongkongIn addition to insurance companies selling insurance, there are alsoinsurance brokerandinsurance agencyAlso qualified to sell insurance，That's to put it bluntlyinsurance brokerage companyThat is, institutions that cooperate with insurance companies generally have to sign a certain contract to stipulate the cooperation method and then which products can be represented.，In fact, insurance brokers are agents from the customer's perspective who help customers plan their insurance investments reasonably.。
Insurance Brokerage Business in Hong Kong，Previously, the industry was regulated by 2 self-regulatory organizations，one isHong Kong Professional Insurance Brokers Association (PIBA)，one isHong Kong Confederation of Insurance Brokers (HKCIB)，However, starting from September 23, 2019，NowInsurance Broker's Licenseis made ofHong Kong Insurance AuthorityApproved。
one、 Application threshold for Hong Kong insurance broker license：
- 1.Must be a company incorporated in Hong Kong or an overseas company registered with the Hong Kong Companies Registry，Physical office address、Company account。
- 2.Sufficient equity：Must always maintain no less than 5010,000 Hong Kong dollars(Note：According to the latest regulatory revisions，The capital requirement has been increased from the old system of 100,000，Please be sure to check the latest compliance red lines)。。
- 3.Compliance CEO：1name，Must be a full-time director or full-time employee of the company’s business in Hong Kong。
- 4.Professional Civil Compensation Insurance - Adequate Payment Reserves：Policy financing is not less than HKD 3 million，The maximum amount is HK$75 million。The premium is generally about HK$10,000/year。
- 5.One less separate storage customer account：The client's funds must be deposited into a client's bank account，separate from its own monies。
Customer funds shall not be used for any other purpose other than the customer’s purpose.
two、How to obtain a Hong Kong insurance broker license：
At present, the mainstream operation methods are divided into two types:，Each has its own pros and cons：
Plan A：New application
process： Register a Hong Kong Company -> Recruitment of Licensed Person-in-Charge -> Submit Insurance Regulatory Authority Application Form -> Defense and Approval。
advantage： clean background，Initial costs are relatively controlled。
shortcoming： Long approval cycle (usually takes 6-12 months)，Strict policy review。
Plan B：Hong Kong Insurance Brokerage License Acquisition
process： Find available license plates for sale -> due diligence -> Submit an application for equity change。
advantage： Get cards quickly，Can take over existing business frameworks and contracts。
price suggestion： Market purchase price is subject to license history、Whether there are existing contracts and other factors influence the：
three、 Acquisition of Hong Kong insurance brokerage licenseCost (2025-2026 reference)
Acquisition of an existing Hong Kong insurance brokerage license company，The price is not fixed，Usually composed of "shell price" + net asset value + "Business premium" consists of three parts。
Market purchase price range：
Pure "clean shell" license plate： The market price is usually between HK$400,000 and HK$600,000。Such companies usually have no previous record of violations，And there is no existing business。
Companies with contracts/performance： If the license is already with major insurance companies such asAllies、Prudential、Manulife, etc.) signed a distribution agreement，The price is usually a premium of HK$200,000-500,000。
Full set of operating companies： Includes mature team、Leasing and IT systems company，The purchase price is approximately HK$1.5 million or more。
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。
