Business scope of insurance brokerage institutions

The business scope of an insurance brokerage institution is as follows:

1. Draw up an insurance plan, select an insurance company and handle insurance formalities for the insured;

2. Assist the insured or beneficiary to make a claim;

3. Reinsurance brokerage business;

4 to provide customers with disaster prevention, loss prevention or risk assessment and risk management consulting services;

5. Other business related to insurance brokerage as stipulated by China CIRC.

The conditions for establishing an insurance brokerage institution are as follows:

1. The registered capital or capital contribution reaches the minimum amount stipulated in these regulations;

2. The company's articles of association or partnership agreement comply with the law;

3. Senior management personnel meet the post qualification requirements;

4. The number of employees holding the Insurance Broker Qualification Certificate shall be more than 2, and shall not be less than half of the total number of employees;

5. Have a sound organizational structure and management system;

6. Having a fixed residence or business premises suitable for the business scale; Seventh, there are computer software and hardware facilities suitable for business development.

Legal basis: Article 36 of the Regulation on the Supervision of Insurance Brokers.

An insurance broker may engage in all or part of the following businesses:

(1) To formulate insurance plans for the insured, select insurance companies and go through the insurance formalities;

(2) assisting the insured or the beneficiary to claim compensation;

(3) Reinsurance brokerage business;

(four) to provide customers with disaster prevention, loss prevention or risk assessment and risk management consulting services;

(5) Other business related to insurance brokerage as stipulated by the China Insurance Regulatory Commission.