Why should insurance companies do organizational development? What are the benefits?

It is to make the organization adapt to the changes of the external environment, make the organization develop healthily and continuously, and maximize the potential of people and team organizations. Help senior leaders fully develop the organization and provide guarantee for realizing the lofty external goals of the organization. So that organizations can better adapt to the external environment, thus maintaining vitality.

The organizational development of insurance companies is beneficial to the group, mainly to better improve the transaction rate.

Conditions for establishing an insurance company:

1. Having articles of association that conform to the provisions of the Insurance Law and the Company Law;

2. It has a minimum registered capital that meets the requirements of this Law;

3. Senior managers with professional knowledge and business experience;

4. Have a sound organizational structure and management system;

5. Having a business place that meets the requirements and other business-related facilities.

When examining the application for establishment, the insurance supervision and administration institution shall consider the needs of the development of the insurance industry and fair competition.

Registered capital requirements:

1. The minimum registered capital of an insurance company is RMB 200 million.

2. The minimum registered capital of an insurance company must be paid-in monetary capital.

3. The insurance supervision and administration institution may adjust the minimum registered capital of an insurance company according to its business scope and business scale. But it shall not be lower than the limit specified in the first paragraph.

Documents and materials to be submitted when applying for the establishment of an insurance company:

1. Application for establishment, which shall specify the name, registered capital and business scope of the insurance company to be established;

2. Feasibility study report;

3. Other documents and materials as stipulated by the insurance regulatory agency.

After the application for the establishment of an insurance company has passed the preliminary examination, the applicant shall prepare for the establishment of an insurance company in accordance with the provisions of the Insurance Law and the Company Law. Those who meet the conditions for establishment as stipulated in Article 72 of this Law shall submit a formal application and the following relevant documents and materials to the insurance supervision and administration institution:

1. Articles of association of the insurance company;

2. The register of shareholders and their shares or investors and their capital contributions;

3. Credit certificates and related materials of shareholders holding more than 0/0% of the shares of the company/KLOC;

4. A capital verification certificate issued by a statutory capital verification institution;

5. Resumes and qualification certificates of the proposed senior managers;

6. Business policies and plans;

7 business premises and other business-related facilities;

8. Other documents and materials as stipulated by the insurance regulatory agency.