The reporter of Shanghai Securities News learned today that in order to thoroughly implement the guiding opinions of the China Banking and Insurance Regulatory Commission on promoting the high-quality development of the banking and insurance industry, accelerate the construction of a new insurance intermediary market system and promote the high-quality development of insurance professional intermediaries within its jurisdiction, Beijing Banking and Insurance Regulatory Bureau recently issued the implementation opinions on strengthening classified guidance and promoting the high-quality development of insurance professional intermediaries in Beijing (hereinafter referred to as the Implementation Opinions).
The implementation opinions is a concentrated embodiment of the development objectives, paths, priorities and methods of insurance professional intermediaries in Beijing. Insurance professional intermediaries should seize the development opportunities, walk out of the path of differentiated, characteristic and professional development around the key areas of encouraging and supporting development, and actively strive for pilot support policies for areas with innovation, breakthroughs and regulatory support. At present, Beijing Banking and insurance regulatory bureau is studying and formulating relevant systems and measures.
In terms of classified guidance, for insurance professional intermediaries with professional leadership, standardized management and obvious effectiveness, the implementation opinions emphasize the development concept of professional value creation, and encourage institutions to innovate products and services, risk management services, sales force management, application of information technology Find a breakthrough in five aspects, such as giving full play to the advantages of mechanism, strive to form comparative advantages in special fields, play a leading and exemplary role, and drive the high-quality development of other intermediaries. Beijing Banking and Insurance Regulatory Bureau will further explore and establish an innovation support system, play a positive incentive and guiding role, and support qualified and capable institutions to make breakthroughs in the above fields.
For professional insurance intermediaries that operate normally, the implementation opinions emphasize the basic premise of operating in accordance with the law, focus on the basic capacity-building in four aspects: corporate governance, internal control management, information construction and consumer protection, and strengthen the effective implementation of regulatory systems and the necessary investment of compliance resources. At the same time, by strengthening the supervision during and after the event, Beijing Banking and Insurance Regulatory Bureau urged insurance companies to implement the compliance control responsibility of intermediary channels, further strengthened the industry self-discipline management, and took multiple measures to promote the standardized and orderly development of insurance professional intermediaries within its jurisdiction.
For intermediaries that do not have the conditions to operate insurance intermediary business, cannot implement regulatory requirements in accordance with the law and regulations, and cannot operate normally, the implementation opinions emphasizes following the disposal idea of market-oriented exit, exploring various ways to guide such institutions or their shareholders to exit the market in accordance with the law, and actively introducing shareholders with technical expertise, resource advantages and compliance awareness, Promote the transformation and development of institutions. At the same time, Beijing Banking and Insurance Regulatory Bureau will further promote the standardized management of branches and take the initiative to cancel the "three noes" institutions. Explore and establish an active closure system according to law and regulations.
When answering a reporter's question, the person in charge of relevant departments of Beijing Banking and Insurance Regulatory Bureau said that at present, Beijing insurance professional intermediaries are characterized by a large number of subjects, fast development speed, high market activity and strong business innovation, and the conditions for high-quality development of the industry are basically mature. By the end of November 2021, there were 388 insurance professional intermediary legal person institutions under their jurisdiction, and their total assets accounted for 33.8% of the national professional intermediary legal person institutions. The number of entities, asset scale and business income ranked first in China. Among them, there are 171 insurance brokerage institutions, 170 professional insurance agencies, 47 insurance adjustment institutions, and 468 professional insurance intermediary branches in Beijing.
The above person in charge said that a number of intermediaries with certain management foundation and operating characteristics have emerged in the Beijing insurance professional intermediary market, showing professional values and advantages in insurance product innovation, risk management services, application of advanced technology, life insurance marketing management and so on, playing a good leading and exemplary role. However, a small number of institutions still take "acquiring affiliation" as the main business source, and their professional ability is insufficient; Some organizations have deviation in business philosophy, excessive pursuit of performance and insufficient sustainability of development; The governance structure and internal control management of some institutions still need to be further standardized, and the basic investment needs to be improved. Overall, the number of professional insurance intermediaries in Beijing is large, the background is diverse, the mode is diverse, and the differentiation of operation and development is becoming more and more obvious. It is necessary to give classified guidance and strategies.
The above-mentioned person in charge said that through three to five years of efforts, the corporate governance level of insurance professional intermediaries within their jurisdiction has been significantly improved, the ability of legal compliance operation and risk prevention and control has made great progress, and the innovation ability of products and services and the efficiency of operation quality have been significantly enhanced. On this basis, Beijing's insurance intermediary market has cultivated and developed a number of professional insurance intermediaries with distinctive professional characteristics, leading professional advantages, outstanding professional value and certain popularity and influence in relevant fields nationwide and even internationally.
(Shanghai Securities News)