Qualification of senior managers of insurance brokerage companies

To apply for the establishment of an insurance brokerage company, the following conditions shall be met:

(1) Having shareholders or promoters who meet the statutory requirements;

(2) Having a company's articles of association that meet the requirements of the law;

(3) Paid-in currency with a registered capital of not less than RMB 654.38+million;

(4) Having a company name, organization and domicile that meet the requirements of the law;

(5) The number of brokers holding the Qualification Certificate for Insurance Brokers (hereinafter referred to as the Qualification Certificate) shall not be less than half of the number of employees;

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(six) there are senior managers who meet the requirements of the China Insurance Regulatory Commission;

(seven) other conditions required by laws and administrative regulations.

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