▲ From left to right: Mr. Wu Qiang, CEO of Yu Fung (5th), Mr. Yiu Kam Fai, Chairman of PIBA for 2025 (6th), and Mr. Simon Kwan, Chairman of PIBA for 2024 (7th).
On February 25, 2025, Yu Fung Broker was honored to participate in the Spring Tea Dinner organized by the Hong Kong Professional Insurance Brokers Association (PIBA), held at the Gordon Wu Hall, BP International Building, Tsim Sha Tsui as a distinguished insurance broking company officially accredited by PIBA.
▲The 2025 Spring Tea Dinner of the Professional Insurance Brokers Association (PIBA) of Hong Kong
The dinner attracted nearly 500 attendees, including senior representatives from the Legal Department and the Market Conducts Department of the Hong Kong Insurance Authority, alongside executives from leading insurance companies and prominent industry professionals.
▲The 2025 Spring Tea Dinner of the Professional Insurance Brokers Association (PIBA) of Hong Kong
Founded in 1988 and authorized under Section 70 of the Hong Kong Insurance Ordinance, PIBA serves as the statutory professional body for insurance brokers in Hong Kong. The association is committed to three core missions: elevating practitioner standards through continuous professional development, establishing a self-regulatory framework for the industry, and fostering effective communication between the government and insurance enterprises.
Over its 36-year history, PIBA has evolved into a respected authority providing comprehensive services including professional qualification certifications, industry standards formulation, and regulatory guidance interpretation. Its endorsement remains a critical credential for insurance brokerage firms operating within Hong Kong.
Looking forward, Yu Fung Broker remains dedicated to upholding the highest professional standards and strengthening its collaboration with industry bodies such as PIBA to contribute to the sustainable development and professionalism of Hong Kong’s insurance brokerage sector.
