Hong Kong’s insurance market has a profound cultural heritage,Mainland customers have always maintained high recognition of Hong Kong insurance products,Inject strong impetus into the industry's continued growth。thus,Many domestic and foreign investors are actively developing insurance brokerage business in Hong Kong,And registerAn in-depth interpretation of the establishment conditions and acquisition paths of Hong Kong insurance brokerage companiesbecomes the first step to enter the market。
The procedure itself for setting up an insurance brokerage company in Hong Kong is not very difficult.,The real focus isHong Kong Insurance Broker Licenseapplication - a mere shell company cannot obtain approval to conduct business。According to relevant market statistics of the Hong Kong Insurance Regulatory Commission,2016Total insurance premiums in Hong Kong reached HK$451.7 billion in 2018,hit new high,This industry will remain a market worthy of attention in the coming years。
Application conditions
registerHong Kong insurance brokerage company registration:Conditions for paid-in capital、Qualification Standards and Approval Requirements of the Insurance Regulatory Bureau,In addition to meeting the general company registration requirements,It is also necessary to meet a number of core conditions for insurance industry supervision.:
- Have sufficient paid-up share capital,To maintain daily operations and solvency;
- Have qualified managers commensurate with the scale and complexity of the business;
- Hire people with professional qualificationsinsurance broker,Have considerable industry experience;
- Establish an appropriate corporate governance system,Ensure compliance and self-discipline。
In view of the many conditions involved in the registration of an insurance brokerage company in Hong Kong,The approval process also takes a long time,Some investors who want to start business immediately will prefer to obtain a license through acquisition.。Take Huilong Holdings as an example,The company had announced its intention to acquire BluePool Ventures Limited for HK$45 million.,Quickly obtain the qualification to operate insurance brokerage business in Hong Kong。
Insurance broker qualification requirements
After the company obtains the license,Specific business must be supported by a qualified insurance broker。The threshold for becoming an approved insurance broker is quite strict,The main conditions include:

- 21 years or older;
- Pass the qualification test conducted by the Hong Kong Insurance Bureau;
- Hold share capital and net assets of not less than HK$100,000,and authorized by the Insurance Regulatory Authority。
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。

