Forms - Deemed Insurance Intermediary Licensees
The following application forms should only be used by a deemed licensee when it is applying for a new licence with the Insurance Authority (“IA”) with the same appointing principal(s).
A deemed licensee means an insurance intermediary which was registered with the three former Self-Regulatory Organizations immediately prior to 23 September 2019, which was automatically regarded as a licensed insurance intermediary under the new regulatory regime for the transitional period which runs from 23 September 2019 to 22 September 2022.
The cut-off dates for deemed licensees who have not yet submitted their new licence applications are as follows:
|Licence Type||Cut-off Date|
Licensed insurance agency; or
Licensed insurance broker company
|6:00 pm on 4 July 2022 (Monday)|
Licensed individual insurance agent;
Licensed technical representative (agent);
or Licensed technical representative (broker)
|6:00 pm on 8 August 2022 (Monday)|
If deemed licensees submit their applications after the cut-off date, the IA will not be able to guarantee that the applications will be processed before the 22 September 2022 deadline. Please refer to the IA’s circular of 21 March 2022 for details.