...) sees merit in the more extensive use of Insurtech as a tool to direct the attention of the market towards protection products with a simple structure, widen the range of distribution channels, and enrich the mix of more affordable insurance products. At present, some insurers in Hong Kong are...

... remaining $9,000. Provide the insurer with up-to-date information in a timely manner Policyholders should notify their insurer when they move home or make a structural change to the building during the policy period. Any changes, such as interior decoration of an insured property, may...

...: Connected device , data analytics , artificial intelligence… Customer Demand: Simple and affordable products, personalized and tailored insurance solution, simple and easy to become insured … What is Insurtech? 3 Applications of Insurtech Impact of Insurtech 4  Customers – more value-added auxiliary...

... added on 31 August 2021.) Special Attention in relation to ILAS Products with Open Architecture (“OA ILAS Products”) Q 31A Further to the Professional Investor (“PI”) requirement as set out in Q&A 31, please specify any specific requirement(s) on licensed insurance intermediaries for selling OA ILAS...

... added on 31 August 2021.) Special Attention in relation to ILAS Products with Open Architecture (“OA ILAS Products”) Q 31A Further to the Professional Investor (“PI”) requirement as set out in Q&A 31, please specify any specific requirement(s) on licensed insurance intermediaries for selling OA ILAS...

... (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules (the “Rules”) under the new regulatory regime for insurance intermediaries. The draft Rules are mainly modelled on the relevant requirements for insurance brokers set out in the Guideline on Minimum...

... digital distribution channels under the Fast Track, marking a significant milestone of Insurtech development in Hong Kong. “The first virtual insurer approved under the Fast Track is a local startup interested in providing products with simple structure, high protection element and low...

... Counter- Terrorist Financing We are writing to inform you that a new set of frequently asked questions (“FAQs”) in relation to anti-money laundering and counter-terrorist financing (“AML/CFT”) is published by Insurance Authority today. The FAQs published in March 2012 are superseded with immediate effect....

... the world’s freest economies Simple tax regime, with tax incentives for captives and professional reinsurers Bilingual common law system underpinned by independent judiciary Leading centre for arbitration and dispute resolution in Asia-Pacific 165 Regional insurance hub with authorised insurers #1...

... the world’s freest economies Simple tax regime, with tax incentives for captives and professional reinsurers Bilingual common law system underpinned by independent judiciary Leading centre for arbitration and dispute resolution in Asia-Pacific 165 Regional insurance hub with authorised insurers #1...