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Acquisition process and transfer conditions of Hong Kong insurance brokerage license

Financial card care question

The Hong Kong insurance brokerage license is an industry qualification required by Hong Kong insurance intermediaries.。Hong Kong insurance products have dividend attributes,Therefore, it has attracted many mainland people to allocate overseas assets in this way.。Acquiring a Hong Kong insurance brokerage license, which will play a greater role in developing the insurance market - look at the name for application。The following mainly introduces the Hong Kong insurance brokerage license transfer and acquisition process.、condition,There are some

Things to note

The main procedures for the transfer and acquisition of Hong Kong insurance brokerage licenses are as follows:: 1,Choose the right acquisition target。When choosing to focus on investigating the Hong Kong insurance brokerage license,Pay close attention to the insurance companies you sign with。Because this will eventually affect the transaction price of acquisitions and transfers。 2,Business for Hong Kong insurance brokerage companies,Asset status,Conduct detailed research on the performance of obligations and other related situations。 3,Sign the corresponding transfer contract。

4,Register as a shareholder in Hong Kong,Changes in personnel and other related information。It’s better not to change the CEO,Because this will make the Hong Kong insurance brokerage license acquisition process more complicated.。 5,In process of change,Proof of source of paid-in capital is required。 Hong Kong insurance brokerage license transfer and acquisition

Main conditions

  1. Must be a company incorporated in Hong Kong or an overseas company registered with the Hong Kong Companies Registry。Have a physical office address。
  2. Compliance Chief Executive (CE):CE cannot be changed,Change is equivalent to re-applying,The insurance contract also needs to be re-signed with the insurance company。
  3. The registered capital must be self-owned capital,Corresponding supporting documents are required。 Related industry news: In communicating with mainland customers,Many people report that they do not choose mainland insurance products,It’s because I feel that mainland insurance products are not ‘reliable’ enough.。

A very important reason for this feeling lies in the quality of the practitioners and the effectiveness of the supervision of each insurance practitioner.。In comparison,Hong Kong’s insurance professional team all have at least a bachelor’s degree or even a master’s degree or above.,And practitioners must obtain relevant licenses from the Insurance Regulatory Bureau。


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Xu Wanting

Xu Wanting has been engaged in insurance and financial services compliance work in Hong Kong for many years,Responsible for the preparation of IA insurance brokerage regulatory compliance documents、Internal control process construction、AML system design、Regulatory filings and interactions with regulators。She is familiar with insurance product liability、sales compliance、Institutional requirements such as customer protection regulations and establishment of internal training and compliance systems。

Areas of expertise:IA Insurance Brokerage Regulatory Compliance Documentation、Internal control process construction、AML system design、Customer protection regulations、Internal training。

Previous institutions:Hong Kong insurance brokerage company & IA Compliance Team

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