... of Insurtech through Insurtech Sandbox to help policyholders purchase suitable insurance products safely by using non-face-to-face channels. In order to protect the interests of policyholders, the IA also formulated a set of regulatory requirements for virtual onboarding via video...

... individual insurance agent’s role, however, is not to collect premium from the policyholder directly, or to serve as a conduit through which a policyholder should pay premium.  An individual insurance agent is, after all, an individual with a personal (not a business) bank account, who is not set...

... behalf so they could benefit from the fictitious premium discount. A third set of lies followed, as the agent sought to explain away why the claims were not being paid. The ethical line between right and wrong is a clear and bright one. Once crossed, however, it blurs and darkens making it...

... requirements will be set out in the Guideline on the Fit and Proper Criteria for Licensed Insurance Intermediaries and soft consultation of the Guideline to be conducted later this year. Besides review of the minimum education requirements, we have also reviewed the CPD requirements. We are glad to see a...

... functions. They will consider requests from one another seriously and reply without undue delay. 3. Signatory Authorities rely on each other’s compliance with the strict confidentiality regime as set out in Art. 5 and Annex B which each of them has confirmed and evidenced before acceding to the MMoU. 4....

... functions. They will consider requests from one another seriously and reply without undue delay. 3. Signatory Authorities rely on each other’s compliance with the strict confidentiality regime as set out in Art. 5 and Annex B which each of them has confirmed and evidenced before acceding to the MMoU. 4....

... functions. They will consider requests from one another seriously and reply without undue delay. 3. Signatory Authorities rely on each other’s compliance with the strict confidentiality regime as set out in Art. 5 and Annex B which each of them has confirmed and evidenced before acceding to the MMoU. 4....

... functions. They will consider requests from one another seriously and reply without undue delay. 3. Signatory Authorities rely on each other’s compliance with the strict confidentiality regime as set out in Art. 5 and Annex B which each of them has confirmed and evidenced before acceding to the MMoU. 4....

... Kong. The respondents also agreed that it is important to set a unified standard across the industry and to protect the interests of the insuring public. There were, however, views on a few issues including the adoption of a non-tariff based approach, and the application of the maximum penalty of HK$10...

... Kong. The respondents also agreed that it is important to set a unified standard across the industry and to protect the interests of the insuring public. There were, however, views on a few issues including the adoption of a non-tariff based approach, and the application of the maximum penalty of HK$10...