Insurance Broker represents policyholders，rather than an insurance company，Find the right insurance plan for your customers in the insurance market。Insurance brokerage options are not limited to a single insurance company，Can compare and purchase plans from multiple insurance companies at the same time for policyholders。An insurance broker can be a company，It can also be an individual，The main source of income is usually commission。
in Hong Kong，Insurance brokers must obtain approval from the Office of the Insurance Commissioner，or one of the recognized industry bodies，That is, after authorization from the Hong Kong Federation of Insurance Consultants or the Hong Kong Professional Insurance Brokers Association，Only then can relevant business be officially launched。
Hong Kong insurance brokerage company transfercore information
in Hong Konginsurance brokerage companyandLicense transferin process，Buyers usually need to focus on the license type、Year of company establishment、Insurance contract signed、CE arrangement、ILAS situation、Past business performance and main business scope。The following is the main information on the transfer projects of the two types of insurance brokerage companies。
Project one：PIBA Long Term (LLT) License
- License type：PIBA，Long Term（LLT）。
- Transfer intention：clear。
- quote：X million RMB。
- Year of company establishment：201X years。
- Insurance contract signed：Mass、AXA (AXA)。
- CE arrangement：Can negotiate，Long-term contract available。
- CE monthly fee：35000-60000，The specific price needs to be further negotiated with CE。
- ILAS：No。
- Approximate business volume in the past three years：Commission income is approximately HKD 3 million。
- Main business：General insurance and life savings insurance。
Project 2：CIB Long Term (LLT) License
- License type：CIB，Long Term（LLT）。
- Transfer intention：clear。
- quote：X800,000 RMB。
- Year of company establishment：201x year。
- Insurance contract signed：No contract。
- CE arrangement：Can negotiate，Long-term contract available。
- CE monthly fee：25000/moon，The specific price needs to be further negotiated with CE。
- ILAS：No。
- Main business：General insurance and MPF business。
Observation on the Development of Insurance Brokerage Industry
The domestic insurance industry has developed rapidly in recent years，Regardless of the increase in premium scale,，Or is it the increasing willingness of the public to purchase insurance?，All have brought important development opportunities to the entire insurance industry.。Qi Laiping proposed "return to the starting point"，The view that only insurance brokers have spring”，Reflecting the market’s renewed focus on the professional value of insurance brokers。
Compared with insurance companies, which are becoming more mature and stronger，There is still room for improvement in the development speed of insurance intermediaries and insurance brokerage companies。For plans to enter the insurance intermediary market、For enterprises that expand cross-border insurance business or obtain ready-made operating entities through mergers and acquisitions，The transfer of Hong Kong insurance brokerage companies still has certain commercial value，But it must be in the license qualification、Contract resources、CE stability、Conduct comprehensive due diligence on historical business data and compliance risks。
Financial license application and transfer services
Hong Kong Xintong can assist in applying for various financial licenses，includeHong Kong Insurance Broker License、Private equity fund license、insurance broker license、insurance agent license、Insurance adjuster license、Commercial factoring license、Financial leasing license、pawn shop license、Financing guarantee license、Small loan license、Pay license、Crowdfunding company license、Credit reporting license、Internet finance license、Hong Kong financial license No. 1469, etc.。
at the same time，Hong Kong Xintong can also provide various financial license transfer services，Assist enterprises to combine business needs、Regulatory requirements and market entry cycles，Develop a more enforceable compliance implementation plan。
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。
