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... services (health & fitness and roadside assistance), easy access to insurance, cheaper premiums, more personalized insurance solutions Big Winners  Insurers - cost savings, enhanced perception and reputational gain  Start-ups – more flourished Fintech ecosystem  A more sustainable market – intensified...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Insurtech_Sandbox_170915.pdf - Date: 2018-08-01
... Monitoring A major part of the off-site monitoring is to review and ascertain whether the licensed insurance agent has satisfied at all times the statutory conduct requirements, with which licensed insurance agents must comply in carrying on regulated activities, in sections 90 and 91 of the ...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/insurance_agents.html - Date: 2021-07-13
..., forgery, bribery and blackmail);  Failure to comply with legal or regulatory obligations;  Material breach of internal policy or rules (e.g. financial controls, procurement rules, confidentiality obligations);  An act or omission which creates a substantial and specific danger to the lives, health or...
https://www.ia.org.hk/english/aboutus/governance/files/WhistleblowingPolicy.pdf - Date: 2021-12-08
... Minimum Requirements for insurance brokers specified by the Insurance Authority also require an insurance broker:- (a) to exercise due care and diligence in understanding and satisfying the insurance needs and requirements of his client; (b) not to prejudice his/her client’s selection of insurers by...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_CIB_GN12_on_Product_Recommend_Includ_LLT_v1_18_12_2014_eg19.pdf - Date: 2019-12-20
... Kong has flourished, it has driven the rapid development of Insurtech, leading the Hong Kong insurance industry into a new era of digitalisation, creating new opportunities for the industry and promoting the sustainable development of the insurance market. The Insurance Authority (IA) has...
https://www.ia.org.hk/english/digital_onboarding/promotion_of_insurtech_development.html - Date: 2024-01-18
... Order") I refer to my letters of 5 October 2001 and 19 October 2001 in respect of the above Executive Order issued by the US President. The US Government designated under the Executive Order a third list of 22 names on 2 November 2001 and a fourth list of 62 names on 7 November...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/circular081101.html - Date: 2017-06-23
... Holders’ Protection Scheme (“PPS”). Further to the consultation with the Legislative Council Panel on Financial Affairs on the legislative proposals in 2018, the enabling legislation for establishing PPS is being prepared with a plan to introduce the relevant bill into the Legislative Council in the 2020...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_02062020.pdf - Date: 2020-06-15