The Insurance Authority ("IA") has banned Mr. Wong Ka Keung from being an insurance intermediary for 30 years after he was found guilty of a conspiracy involving false insurance claims and was sentenced to six years and four months in prison.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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On 3 November 2025, the Insurance Authority ("IA") has imposed a 30-year ban on Mr. Wong Ka Keung (Licence number: IE9049) from acting as an insurance intermediary, following a severe violation of regulations.
Over a three-year period, Mr. Wong conspired with at least nine others to deceive an authorized insurer, arranging patients suffering from critical illnesses to falsely pose as policyholders. This resulted in the insurer being deceived of approximately HK$27 million, with Mr. Wong pocketing HK$13.5 million. Additionally, he forged sick leave certificates for one patient.
Mr. Wong was charged by the Independent Commission Against Corruption and subsequently sentenced to six years and four months in prison. The disciplinary action underscores the serious nature of such offenses, which not only commit criminal acts but also disrupt market operations and compromise the legitimate interests of policyholders. The IA's response reflects the gravity of these transgressions.
Further details can be found in the 'Enforcement News' section and the Register of Licensed Insurance Intermediaries on the IA website.
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