Hong Kong has 124,921 licensed insurance intermediaries at end-September, 83,480 of them individual agents

124,921. That is the latest total of licensed insurance intermediaries published by Hong Kong's Insurance Authority (IA), as at 30 September 2026, covering both individual and corporate licensees.

The IA's statistics page was updated on 16 October 2026. According to the page, there are 122,651 individual licensees in three categories: individual insurance agents, technical representatives (agent) and technical representatives (broker). The rest are licensed insurance agencies and licensed insurance broker companies.

83,480 individual agents: the largest group

Among the three categories of individual licensee, individual insurance agents are the most numerous, at 83,480. The two categories of technical representative combined are still fewer than half that number.

• Licensed individual insurance agents: 83,480
• Licensed technical representatives (agent): 23,568
• Licensed technical representatives (broker): 15,603
• Total individual licensees: 122,651

Individual agents alone account for the majority of all licensed intermediaries.

Corporate licensees: 1,456 agencies and 814 broker companies

On the corporate side, as at the same date there are 1,456 licensed insurance agencies and 814 licensed insurance broker companies, 2,270 in total, far fewer than the number of individual licensees.

Limitations to bear in mind

The statistics page does not state the basis of counting for these licensee numbers, for example whether one person may hold more than one category of licence. The figures should therefore not be taken as the actual number of people working in the industry.

The page also provides no earlier figures or archive link. This article could not verify the end-June 2026 data and therefore makes no quarter-on-quarter comparison.

Analysis: what it means for recruitment teams

What follows is editorial analysis, not information published by the IA.

Individual agents make up about 66.8% of all licensed intermediaries, roughly two in every three. For insurers' recruitment teams, this means that by licence count, individual agents are the largest group; if they want to hire licensed people from competitors, competition may be concentrated on this group.

The two categories of technical representative total 39,171, about 31.4% of the total, making them the second-largest group after individual agents. Recruitment teams may assess this group separately from individual agents.

On the corporate side, there are more than 600 more licensed agencies than broker companies. Recruitment teams considering working with intermediaries may first assess the two types of firm separately.

Because the basis of counting is not stated, the more prudent way to use these figures when estimating market size is to treat them as a reference for the number of licences, not the number of people actually in work.

Compiled by the F50 Editorial Team from public sources, for general reference only and not professional advice. Details are correct as of the publication date and may change.