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The Most Admirable Insurance Brokers in Hong Kong
‘Insurance broker’:
The Insurance Companies Ordinance (“ICO”) defined ‘a person who carries on the business of negotiating or arranging contracts of insurance in or from Hong Kong as the agent of the policyholder or potential policyholder or advising on matters related to insurance’.
The ICO required an ‘authorized insurance broker’, one either has to obtain authorization from the Insurance Authority (IA) or to become a member of an approved body of insurance brokers.