The qualification of a senior executive of an insurance agency company under Huahai Property and Casualty Insurance was denied because it did not meet the requirements that senior executives should have “honest and trustworthy, good conduct”.

On April 8th, the Linyi Banking and Insurance Regulatory Bureau of Shandong issued a reply showing that Gao Bin ’s qualifications were not approved. After review, Huahai Fengtai Insurance Agency Co., Ltd. Gao Bin, the proposed senior executive, concealed the internal punishment in the company during the job qualification approval request documents and job qualification inspection talks, and in the on-site inspection of Huahai Property and Casualty Linyi Central Branch by the branch, Gao Bincun was not correct. Cooperate with regulatory inspections.

Linyi Banking and Insurance Regulatory Bureau believes that Gao Bin does not comply with Article 20 of the “Regulations on the Supervision of Professional Insurance Agencies”. The proposed senior management personnel of insurance professional agencies should have “ “Honest and trustworthy, good conduct” regulations, Gao Bin Huahai Fengtai Insurance Agency Co., Ltd. Linshu business department manager qualifications are not approved. The payment deadline for this batch is March 30.

Industry information shows that Huahai Fengtai Insurance Agency Co., Ltd. is a wholly-owned subsidiary of Huahai Property and Casualty Insurance, which was established in December 2015 with a registered capital of 100 million yuan. The company is mainly engaged in the business of selling insurance products, collecting insurance premiums, and investigating and claiming losses in related insurance business.

Huahai P & C Insurance is China ’s first national and comprehensive property insurance company featuring marine insurance and Internet insurance. Its registered place is located in Yantai, Shandong, with a registered capital of 12 100 million yuan, officially opened on December 9, 2014.

Surging News noted that the National Enterprise Credit Information Publicity System shows that as early as September 2019, the Linhai Sales Department of Huahai Fengtai Insurance Agency Co., Ltd. was already responsible The person changed from Li Cuixin to Gao Bin. But half a year after the change of industry and commerce, the supervisory authority rejected this qualification.

It is worth noting that Huahai Property & Casualty Insurance has just experienced a round of management turnover. On April 3, Shandong Banking and Insurance Regulatory Bureau disclosed the qualifications of 8 senior executives of Huahai Property and Casualty Insurance, including deputy general manager, head of compliance, assistant general manager, director, head of finance, and independent director. The time for the reply is March 19.