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LEE & LI Bulletin - June 2016

Bulletin

Current Status and the Future of E-commerce in Insurance

Entering the mobile internet era, to continue promoting e-commerce in insurance, the Financial Supervisory Commission (FSC) allowed internet insurance business in August 2014 and permitted life and non-life insurance companies to engage in such business. In October 2015, the FSC further allowed qualified insurance brokers and agents to conduct online insurance business. ... More

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