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 registerHong Kong insurance brokerage companybecomes the first step to enter the market。
Established in Hong Konginsurance brokerage companyThe procedure itself is not too 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,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 useAcquisition form获取牌照。Take Huilong Holdings as an example,The company had announced that it planned to invest HK$45 millionacquisitionBluePool Ventures Limited,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
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。

