Insurance Adjuster License

Mondo Social Updated on 2024-01-28

An insurance survey and loss adjustment license refers to the license that must be obtained by a company engaged in insurance survey and loss adjustment business in China. According to relevant laws and regulations, companies engaged in insurance survey and loss adjustment business need to meet certain conditions, including requirements for registered capital, business personnel, management system, etc.

In the process of obtaining an insurance adjuster license, you need to apply to the China Banking and Insurance Regulatory Commission (CBRC) and submit relevant application materials. CBRC will review the application materials and decide whether to grant an insurance adjuster license.

Depending on the situation, the difficulty and time required to obtain an insurance adjuster license may vary. Some insurance companies or intermediaries may choose to obtain an insurance survey and loss adjustment license through an acquisition or merger to quickly enter the insurance survey and loss adjustment market.

It should be noted that engaging in insurance survey and loss adjustment business needs to comply with relevant laws, regulations and regulations, including the Insurance Law, insurance survey and loss adjustment business specifications, etc. At the same time, insurance loss and loss adjustment companies also need to establish a sound management system and risk control mechanism to ensure the compliance and soundness of the business.

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