Insurance Authority bans Ma Chun Kei for 4.5 years for fabricating a certificate of insurance

enforcement update

The Insurance Authority (IA) has imposed a 4.5-year ban on Mr. Ma Chun Kei, a former technical representative of a broker company, for allegedly fabricating a certificate of insurance for professional liability and employees’ compensation. The incident occurred in January 2022 when Mr. Ma assisted a client in purchasing insurance for an interior renovation project. The certificate was discovered in March 2022 when a broker company staff member requested a copy. The IA deemed the ban justified due to factors such as admitting misconduct, self-reporting, no financial benefit, misleading the client, failing to rectify the situation, and the need to deter similar conduct.

Resource: https://www.ia.org.hk/en/infocenter/press_releases/20240111.html

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