Measures for Supervision and Administration of Insurance Brokerage Practitioners and Insurance Survey and Loss Adjustment Practitioners

Measures for Supervision and Administration of Insurance Brokerage Practitioners and Insurance Survey and Loss Adjustment Practitioners


Measures for Supervision and Administration of Insurance Brokerage Practitioners and Insurance Survey and Loss Adjustment Practitioners

Order of the China Insurance Regulatory Commission [2013] No.3

January 6, 2013

The Measures for Supervision and Administration of Insurance Brokerage Practitioners and Insurance Survey and Loss Adjustment Practitioners has been deliberated and passed at the chairman's executive meeting of the China Insurance Regulatory Commission on December 21, 2012, which are hereby promulgated and shall come into force as of July 1, 2013.

Chairman: Xiang Junbo

Measures for Supervision and Administration of Insurance Brokerage Practitioners and Insurance Survey and Loss Adjustment Practitioners

Chapter I General Provisions

Article 1 With a view to strengthening the management of the insurance brokerage practitioners and insurance survey and loss adjustment practitioners, protecting the legitimate rights and interests of the applicants for insurance, insurants and beneficiaries, maintaining the order of insurance market and promoting the sound development of the insurance industry, these Measures are hereby formulated.

Article 2 The China Insurance Regulatory Commission (hereinafter referred to as the "CIRC") shall conduct the uniform supervision and administration on the practitioners that engage in the insurance brokerage at the insurance broker institutions (hereinafter referred to as the "IBP") and the practitioners that engage in the insurance survey and loss adjustment businesses at the insurance survey and loss adjustment institutions (hereinafter referred to as the "ISLAP") in accordance with the law and the authorization of the State Council.
The agencies of the CIRC shall perform their supervision and administration functions within the scope of authorization of CIRC in accordance with the law.

Article 3 The IBP and ISLAP (hereinafter referred to as the "Practitioners") shall meet the qualifications and conditions that are stipulated by the CIRC, pass the qualification examinations that are organized by the CIRC, obtain the qualification certificates that are issued by the CIRC and obtain the certificates to practice that are issued by their insurance brokerage institutions and insurance survey and loss adjustment institutions before practicing.
The qualification examinations as mentioned in these Measures shall refer to the qualification examinations for the IBP and ISLAP; the qualification certificates as mentioned in these Measures shall refer to the Qualification Certificate for Insurance Brokerage Practitioner and the Qualification Certificate for Insurance Survey and Loss Adjustment Practitioner.

Article 4 The Practitioners shall comply with the laws, administrative regulations and the relevant regulations of the CIRC when they engage in the insurance brokerage businesses and insurance survey and loss adjustment businesses.

Chapter II Practice Qualifications

Article 5 The practitioners that engage in the insurance brokerage businesses shall pass the qualification examinations for the IBP that are organized by the CIRC and obtain the Qualification Certificate for Insurance Brokerage Practitioner.
The practitioners of insurance survey and loss adjustment institutions that engage in the insurance survey and loss adjustment businesses shall pass the qualification examinations for the ISLAP that are organized by the CIRC and obtain the Qualification Certificate for Insurance Survey and Loss Adjustment Practitioner.

Article 6 The persons enrolling for the qualification exam shall be equipped with at least education degree of college and shall have full capacity of civil conducts.
No application for enrollment of the persons under any one of following circumstances will be accepted:
1.
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