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China Financial License

Insurance Broker License

License value:

As of late 2017, the survival of the country's insurance broking company total 490, affected by the rapid development of insurance market, insurance broker license scarcity, coupled with increasing regulatory requirements, the examination and approval in one step tighter, the insurance broker license transfer price on the market has reached more than 20 million, the possibility of expected late prices continue to rise high.

 

Business scope:

To operate the following insurance brokerage businesses nationwide:

One, for the applicant to draw up the insurance scheme, choose the insurer, insurance procedures;

2. Assist the insured or beneficiary to make claims;

Iii. Reinsurance brokerage business;

4. Providing disaster prevention, loss prevention or risk assessment and risk management consulting services to the client;

Other businesses approved by circ.

 

Application requirements:

I. main company

1. The company name contains the words "insurance broker"

2. The registered capital is 50 million yuan, which is actually paid and put into custody

3. There is an actual office in the registration place

 

Legal shareholder

1. The duration is 3 years, and the accumulated profit in recent 3 years is positive

2. Proof that both net assets and monetary funds are greater than capital contribution

3. There is no record of major violation of laws, supervision and punishment in the last 3 years

 

Iii. Natural person shareholders

1. At least 3 years as a senior executive in the insurance industry

2. Can provide income proof consistent with capital contribution

3. Good personal credit, no supervision and punishment record in recent 3 years

 

4. Qualifications of the proposed senior executive

1. Have been engaged in economic work for more than 2 years

2. College degree or above (more than 10 years in the financial industry is not subject to education)

3. Good personal credit, no supervision and punishment record in recent 3 years




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