Regulatory Framework > Regulation of Insurance Intermediaries

Insurance Intermediaries Quality Assurance Scheme ("IIQAS")

Overview

Under the IIQAS, all insurance intermediaries, their chief executives/responsible officers and technical representatives are required to pass the Insurance Intermediaries Qualifying Examination ("IIQE") conducted by the PEAK Examination Centre of the Vocational Training Council as one of the requirements for entry to the profession (unless otherwise exempted), and to comply with the requirements of the Continuing Professional Development Programme thereafter.

The Steering Committee of the IIQAS comprises representatives of the insurance industry and related professional bodies, the Legislative Council Member representing the Insurance Functional Constituency and a few independent members. It is responsible for formulating policy direction for the IIQAS.

 
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