Life Insurance And Other 14 Insurance Companies Were Named &Nbsp; 36 Institutions Fined 9 Million 890 Thousand Yuan.

"I didn't expect her to be so bold."

The manager of a life insurance company, a marketing manager of a life insurance company, told the daily economic news reporter.

It turned out that not long ago, a marketing manager of the branch company used a copy of his client's information and customer's signature to forge a customer's application form and gave it to the company for examination and approval. After that, the company deducted the premiums of the customer through bank pfer and made the insurance contract to the marketing manager.

After that, the customer suddenly found that his bank card was inexplicably missing 50 thousand yuan. After enquiry, he knew that the money had been deducted as the premiums by the insurance company, and the customer complained to the insurance regulatory bureau of the life insurance company and marketing manager.

The above example is not a case in the insurance marketing staff. The journalist insiders know that the marketing personnel of insurance business are facing tremendous business pressure.

Under all kinds of pressure and temptation, some insurance business marketers are desperate to take risks and sign irregularities.

In addition, some insurance companies also have problems such as fictitious business and fictitious salesmen.

For this reason,

Equal emphasis on innovation and compliance

Reporters found that the insurance regulatory agencies investigated and dealt with illegal and illegal issues mainly focused on obtaining funds through fictitious intermediary business, fictitious salesmen and other means, making false business management fees, private seal insurance units seal, and so on.

For some insurance institutions, the China Insurance Regulatory Commission has both "love" and "hate".

"Love" is the insurance agencies and insurance practitioners have made efforts to make contributions to the development of the insurance industry; "hate" is part of the insurance institutions and practitioners because of their own selfish, destroyed the reputation of the industry.

"A rat has broken a pot of soup."

Industry insiders said.

In October 15th, the CIRC found that there were significant false records of the company's financial information in the Huaxia life insurance company, submitted false self-examination reports to the CIRC, prepared false remuneration committee motions and resolutions, submitted false corporate governance reports to the CIRC, submitted false risk investigation reports to the CIRC, failed to make use of approved or archival insurance clauses according to the regulations, amended the articles of association without approval, failed to manage directors and senior management personnel in accordance with the regulations, hired non qualified personnel, and hired illegal personnel who had no qualification for work, the upper limit of debt repurchase exceeded the proportion of regulatory requirements, and some reports and statements were untrue.

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The 11 illegal activities have seriously challenged the bottom line of supervision. The CIRC has decided to give warnings to the Huaxia life, and ordered to stop accepting the administrative penalty for the new business of the group insurance long-term insurance for 1 years and fined 1 million 880 thousand yuan, and to punish 9 senior management personnel, including Meng Yong, chairman of the board.

In response, the China Insurance Regulatory Commission has increased its support for compliance insurance companies, and on the one hand, it has put forth a heavy blow to crack down on some branches of insurance companies which are seriously violating laws and regulations.

The insurance regulatory rectification storm, the Insurance Regulatory Commission warned 86 responsible persons in accordance with the law, fined 85 people for 2 million 192 thousand yuan, ordered 11 people to be disqualified, 7 people revoked qualifications.

In the regulatory letter issued to the 14 insurance companies by the CIRC, the above companies were notified in detail to the above mentioned companies for checking the illegal activities of the grass-roots institutions, and put forward a comprehensive rectification request.

In the letter of supervision, the CIRC clearly states that the insurance companies should promptly notify the agencies and staff at all levels of the investigation and handling of the illegal activities of the intermediary business of the company, convey the spirit, policies and requirements of the CIRC on regulating and strengthening the management and operation of the intermediary business, and adopt various ways to strengthen the education of laws, regulations and regulations related to the management, business and financial personnel of the intermediary business.

Lin Huaqing, general manager of the brand Department of Wah Kang insurance agency market, said that there are many insurance intermediary enterprises. There are more than 2000 companies, which are easy to be violating in the cooperation with insurance companies. The CIRC tightens supervision, which is more conducive to regulating the market and establishing a good market order.

According to the CIRC, insurance companies should compare the problems, start from the system and mechanism, comprehensively improve the management system and mechanism of intermediary business, establish and improve internal control, pay close attention to the implementation and implementation of the system, and submit a special report on the implementation of rectification and accountability to the CIRC before November 30th.

We need to improve the management system of intermediary business.

In the first half of this year, in the inspection of intermediary business of insurance companies, the CIRC system increased the accountability of the top companies and responsible personnel at all levels, and punished 5 top insurance institutions according to law according to the illegal and illegal problems detected by the grass-roots institutions. According to the law, 15 senior management personnel were investigated for accountability.

On this basis, a regulatory letter was sent to 14 head offices again, with the aim of further strengthening the awareness and responsibility of controlling and controlling insurance companies, starting from the system and mechanism, establishing and improving intermediary business management system, strengthening internal control implementation, and establishing a legal, real and pparent cooperative relationship with intermediary agencies.

Lin Huaqing said that in the process of pformation of insurance industry, insurance intermediaries played a certain role in substitution and specialization.

In the mature insurance market, insurance is mostly sold through intermediaries, and insurance companies focus on asset management and policy services. This is a trend of separation between production and marketing.

From intermediary enterprises to undertake sales and service links, from the industrial division of labor is more economic, and is conducive to play the professional functions of different enterprise positioning.

Rong Lin, general manager of Pan Hua Guosheng Insurance Agency Ltd., Shanghai, said that there is no mistake in the production and marketing of insurance products. The key is which ship you are going to ship and whether the ship is stable.

Now there are more than 200 insurance intermediaries in Shanghai, and regulators are in the process of reorganizing insurance intermediaries. This is good for us.

Only when these illegal intermediary agencies are cleared up, can the insurance intermediary business get better development.