A Study On The Development Of Chinese Insurance Intermediary

With the developing and opened to abroad, the Chinese insurance market has come into a new stage, in which it's emphasis is not on large scale, but on service and specialization. Insurance intermediary as a part of mature market inevitably appears and develops in china. The middlemen provide the possibility that the insured can get better service while the insurer can release from the overloaded business. There's no doubt that the Chinese insurance intermediary will develop in a high speed and function like the foreign ones. But about how to build up the mechanism of it in china and how to make it work healthily and smoothly, there are different views which is worthwhile thinking over. Along with China acceding to the Word Trade Organization(WTO), Chinese insurance company will face directly to the aggressive ' challenge of foreign companies. The insurance competition will be very severity. Therefore, the question about the development of Chinese insurance intermediary is becoming an important issue in China economy research. This essay attempts to give some valuable advice about how to fasten it's development by illustrating the matter of facts and analyzing the key factors which affect it's working and how to improve the environment of it's development.The main contents of the essay are arranged into four chapters, which involves:The first chapter introduces the situation and the existing problems in the course of its forming and developing, including resource-allotted, effectiveness, restraint, and anti-risk, and draw the conclusion that the Chinese insurance intermediary has just kept in the cradle and there is great meaning to make rapid progress in it.The second chapter refers to the necessity and the possibility to develop it now and gives an objective analysis about the relations between the advancement and the regulation, hoping to provide some useful suggestion.The third chapter provides a practicable solution to how to develop the intermediary market, which involves: how to choice the developing type; how to set upthe insurance intermediary enterprises; how to regulate the admission and withdrawal from the market; how to improve the rules of conduct and restraint and the existing mechanism; how to build up the evaluating system to the intermediary companies.The last chapter deals with the current environment which affects the development, tries to find the main factors and clarify those reasons, and suggests that it is necessary to improve the external surroundings.Although the issue about how to develop the Chinese insurance intermediary is being widely concerned, the insurance theory and practice group have still not deeply carried out studying and discussing on how to develop it. Thus, depending on the present situation of Chinese insurance intermediary, I try my best to analyze and discuss why and how to develop Chinese insurance intermediary from the theory and practice.The main conclusions of this essay are the following. By means of analyzing the present situation and the problem in Chinese insurance intermediary, the necessity and the possibility to develop it now is gotten and a conclusion is being drew that developing it has a great meaning. Then, depending on analyzing the direction and the measure of the development, I provide some suggestion about how to build up the mechanism. At last, a series of countermeasures and suggestions is put forward by analyzing the environment which affects the development of Chinese insurance intermediary.