Insurance brokerage company registration conditions:
(1) The shareholders and promoters have a good reputation and have no record of major violations in the last three years;
(2) The registered capital has reached the minimum amount stipulated in the Company Law of People's Republic of China (PRC) (hereinafter referred to as the Company Law) and these Provisions;
(3) The articles of association of the company comply with the relevant provisions;
(four) the chairman, executive director and senior management personnel meet the requirements of these provisions;
(5) Having a sound organizational structure and management system;
(6) Having a fixed residence suitable for its business scale;
(7) Having computer software and hardware facilities such as business and finance suitable for business development;
(8) Other conditions stipulated by laws, administrative regulations and the China Insurance Regulatory Commission.
(9) The minimum registered capital for the establishment of an insurance brokerage company is RMB 50 million, unless otherwise stipulated by the China Insurance Regulatory Commission. The registered capital of an insurance brokerage company must be paid-in monetary capital.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.