IB0014 / Long Term Insurance Broker (Including Linked Long Term) / HKD 2.75M / NAV HKD 1.4M (Mar 2025) / Established Since 2006 with 1,200+ Clients 🔥

By conradko | March 10, 2025 | Comments Off on IB0014 / Long Term Insurance Broker (Including Linked Long Term) / HKD 2.75M / NAV HKD 1.4M (Mar 2025) / Established Since 2006 with 1,200+ Clients 🔥

Key Points: Major Selling Points: Other Details: For more information, please WhatsApp 93472064. Paradox Management Limited is representing the seller, and the price shown includes Paradox’s commission. These details are for reference only and may deviate significantly from the actual company. View with caution.

LCS0075 / Type 1, 4, 9 License /Price: HK$5M/ 7M NAV / Profitable Central Brokerage with NO License Conditions & Trading Rights

By conradko | March 10, 2025 | Comments Off on LCS0075 / Type 1, 4, 9 License /Price: HK$5M/ 7M NAV / Profitable Central Brokerage with NO License Conditions & Trading Rights

Key Points: Major Selling Points: Other Details: Transaction Requirements: For more information or to engage with the seller, please WhatsApp 93472064. Paradox Management Limited is representing the seller, and the price shown includes Paradox’s commission. These details are for reference only and may deviate significantly from the actual company. Please view with caution.

IB0005 / General & Long Term Insurance Broker / HK$1.45M / NAV $500,000 / Established Insurer Relationships

By conradko | March 4, 2025 | Comments Off on IB0005 / General & Long Term Insurance Broker / HK$1.45M / NAV $500,000 / Established Insurer Relationships

Key Points: Major Selling Points: Other Details: For more information, please WhatsApp 93472064. 悖論管理有限公司 (Paradox Management Limited) is representing the seller, and the price shown includes Paradox’s commission. Note: These details are for reference only and may deviate significantly from the actual company. View with caution.

Insurance Rebates: Compliance vs. Boundary-Pushing, Complete Guide

By conradko | February 26, 2025 | Comments Off on Insurance Rebates: Compliance vs. Boundary-Pushing, Complete Guide

Insurance Rebates: Compliance vs. Boundary-Pushing, Complete Guide I. Background and Limitations of Rebates In Hong Kong, regarding long-term insurance products (e.g., life insurance, savings with dividends, investment-linked insurance), the Insurance Authority (IA) has clear guidelines (e.g., GL25 – Guideline on Offering of Gifts) prohibiting unrecorded or under-the-table “money-giving” rebates. II. Common “Compliant Practices”: Transparent Approaches…

Want to Stay Compliant While Helping Clients Save Money? Legal Rebate Methods for Insurance Brokers

By conradko | February 26, 2025 | Comments Off on Want to Stay Compliant While Helping Clients Save Money? Legal Rebate Methods for Insurance Brokers

Insurance brokerage firms can legally give “rebates” to clients as long as they follow the law and regulatory requirements. The most important thing is to ensure the process is transparent, documented, and not done secretly. Here are three main approaches: 1. Using the Client’s Close Friends or Family as “Referrers” 2. Formally Documenting “Rebate” Terms…

Rebating and Unlicensed Third Parties in Insurance: A Layman’s Guide to Common Practices and Legal Pitfalls

By conradko | February 26, 2025 | Comments Off on Rebating and Unlicensed Third Parties in Insurance: A Layman’s Guide to Common Practices and Legal Pitfalls

In the insurance industry, especially in markets like Hong Kong and the U.S., two practices often spark debate: rebating and the involvement of unlicensed third parties. Rebating happens when brokers or agents offer customers a portion of the premium or commission as an incentive to buy insurance. Meanwhile, unlicensed third parties are people without proper…

How Insurance Brokers Can Brand Themselves as Multiple Family Offices in Hong Kong to Upgrade Their Brand

By conradko | February 26, 2025 | Comments Off on How Insurance Brokers Can Brand Themselves as Multiple Family Offices in Hong Kong to Upgrade Their Brand

In Hong Kong’s fiercely competitive financial services landscape, insurance brokers face the constant challenge of differentiating themselves and delivering greater value to their clients. One innovative strategy gaining traction is rebranding as multiple family offices (MFOs). By transforming from traditional insurance providers into comprehensive wealth management hubs for high-net-worth (HNW) and ultra-high-net-worth (UHNW) families, brokers…

Applying for a Hong Kong Insurance Broker Company Licence: Introduction and Guide

By conradko | February 26, 2025 | Comments Off on Applying for a Hong Kong Insurance Broker Company Licence: Introduction and Guide

Hong Kong is an international financial hub with a mature legal and financial system, and its insurance market is transparent and well-developed. According to the Insurance Ordinance (Cap. 41 of Hong Kong Laws), anyone or any company conducting insurance broker business in Hong Kong must apply for and obtain an insurance broker licence from the…

20 Common Scenarios for a Type 9 Licence (Asset Management)

By conradko | February 21, 2025 | Comments Off on 20 Common Scenarios for a Type 9 Licence (Asset Management)

1. Private Securities Funds (Private Equity / Securities-Focused Fund) OverviewA private fund set up in an offshore jurisdiction (e.g. Cayman, BVI) invests mainly in Hong Kong or overseas listed securities. It requires an investment manager (management team) in Hong Kong to make investment decisions. 2. Multi-Family Office / External Asset Management (EAM) OverviewProvides discretionary asset…

Twenty Common Scenarios how a broker with a Type 1 licence (regulated by Hong Kong’s Securities and Futures Commission, or SFC) may or may not hold client assets and the implications for various business activities

By conradko | February 21, 2025 | Comments Off on Twenty Common Scenarios how a broker with a Type 1 licence (regulated by Hong Kong’s Securities and Futures Commission, or SFC) may or may not hold client assets and the implications for various business activities

Below is a simpler British English version of the “Twenty Common Scenarios (Revised Edition)” text. It explains how a broker with a Type 1 licence (regulated by Hong Kong’s Securities and Futures Commission, or SFC) may or may not hold client assets and the implications for various business activities. We distinguish: Scenario 1: Purely Introducing…