L & C

What L & C does

L&C Insurance Consultant Ltd (信邦保險顧問有限公司) is a privately held Hong Kong insurance broker established in 1987 as a partnership and incorporated in 1989 as a limited company. The firm operates from a single office in Cheung Fung Commercial Building, Cheung Sha Wan, Kowloon, and is licensed under the Hong Kong Insurance Authority (No. FB1037) and registered as an MPF Corporate Intermediary (No. IC000159). It represents clients across multiple insurers rather than being tied to a single carrier, remunerated via commission paid by insurance companies for policies placed.

The company distributes a broad portfolio across personal lines (life protection, medical, accident, travel, golf), commercial lines (property all risk, employees' compensation, contractors all risk, marine cargo), motor insurance, and home-related coverage (home contents, home helper, pet, rental protector). Customer acquisition is led by direct broker service via telephone (2724 1832) and email, supplemented by a self-service "Buy Now" online enrollment portal powered by Allied World for travel, home, and home helper policies. The underlying technology stack is a web-based service management system used internally by representatives for client servicing and policy administration; there is no proprietary underwriting or claims platform, and no disclosed AI/ML components.

The business model is purely commission-based intermediation. L&C is remunerated solely by commissions from insurers; pricing of underlying premiums is set by carriers and not disclosed by the broker. The customer base spans two roughly co-equal segments: individual/personal consumers seeking protection against medical, accident, property, and travel risks, and Hong Kong businesses requiring property, employees' compensation, contractors', and marine coverage. No external funding, parent company, acquisitions, or disclosed headcount are referenced in source material.

Name

L & C

Legal name

L&C Insurance Consultant Ltd.

Website

https://lci.hk

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

1–10 employees

Short description

L&C Insurance Consultant Ltd is a privately held Hong Kong insurance broker, licensed since 1989 under Insurance Authority No. FB1037, representing individual and commercial clients across multiple insurers for personal, commercial, motor, and home-related coverage, remunerated via carrier commissions.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Commercial Lines Insurance Brokerage (FSAEADAB)

Keywords

• Insurance brokerage
• Personal insurance
• Commercial insurance
• Motor insurance
• MPF intermediary

Headquarters

HQ city

Kowloon

HQ country

Hong Kong SAR China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Insurance Commission: L&C Insurance Consultant Ltd is remunerated for its services by the receipt of commission paid by insurers. The company acts as an insurance broker representing clients to find the most suitable insurance solution with professional advice.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

L & C Insurance Consultant Ltd acts as a licensed Hong Kong insurance broker (Insurance Authority License No. FB1037) that intermediates between clients and insurers to arrange personal, commercial, motor, home-related, and allied insurance coverage. The firm is remunerated by insurer commissions for policies placed on behalf of clients, and also distributes curated third-party offerings such as Allied World products through an online "Buy Now" channel. It additionally holds MPF Corporate Intermediary Registration (IC000159).

Product overview

L&C Insurance Consultant Ltd is an insurance broker established in 1987 (partnership) and registered as a limited company in 1989, representing clients to find suitable insurance solutions. The company offers a broad portfolio of insurance products across five main categories: Personal Insurance (Life Protection, Medical Protection, Accident Protection, Travel Protection, Golf Insurance), Commercial Insurance (Property Insurance, Employees' Compensation, Contractors All Risk, Marine Insurance), Motor Insurance, Home-Related Insurance (Home Insurance, Home Helper Insurance, Pet Insurance, Rental Protector), and an online Buy Now channel through Allied World offering Journeyguard Travel Insurance, Homeguard Home Insurance, and Maidguard Home Helper Insurance. The company also provides claims handling services. L&C acts as an intermediary receiving commission from insurers, and holds Insurance Authority (IA) licensing (No. FB1037) and MPF Corporate Intermediary registration (IC000159).

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Insurance Brokerage service arranging life, medical, accident, travel, and golf insurance policies on behalf of individual clients in Hong Kong.
• Commercial Insurance Brokerage service arranging property, employees' compensation, contractors all risk, and marine insurance for Hong Kong businesses and corporate clients.
• Motor Insurance Brokerage service arranging motor insurance coverage for vehicle owners in Hong Kong.
• Home-Related Insurance Brokerage service arranging home, home helper, pet, and rental insurance for households and tenants in Hong Kong.
• Allied World Products (Buy Now) Curated insurance offerings from Allied World distributed through L&C's online "Buy Now" channel for Hong Kong customers.
• MPF Corporate Intermediary Services Mandatory Provident Fund corporate intermediary services provided under MPF Corporate Intermediary Registration IC000159.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Allied World (世聯保險)coreChannel Partner/ Reseller/ DistributorAllied World provides Journeyguard Travel Insurance, Homeguard Home Insurance and Maidguard Home Helper Insurance for online enrollment through L&C's website. L&C acts as a distribution channel for Allied World insurance products, with clients able to enroll online via a dedicated portal link.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Mars: Marsh operates one of the largest insurance brokerage and risk advisory businesses globally with a substantial Hong Kong presence. Both L&C and Marsh serve HK commercial and personal clients as intermediaries, though Marsh's portfolio spans thousands of product lines and global enterprise risk consulting.
• Aon: Aon is a global insurance broker and risk consultancy with a Hong Kong office providing commercial and specialty insurance placement. Aon competes with L&C in serving mid-market HK commercial accounts for property, casualty, and employee benefits placement, while operating a much broader global risk advisory book.
• Willis Towers Watson: WTW is a global advisory and brokerage firm with significant Hong Kong operations serving corporate insurance buyers. WTW and L&C both place commercial insurance with HK insurers, but WTW additionally serves large multinational clients with complex multinational program placements.
• Howden: Howden is a global insurance intermediary with growing Asia-Pacific operations including Hong Kong. Both Howden and L&C serve commercial clients seeking placement of property, casualty, and specialty insurance, with Howden operating additional reinsurance and large-account specialty capabilities.
• Lockton: Lockton is one of the world's largest independent insurance brokerages with Asia operations including Hong Kong. The firm competes with L&C for HK commercial insurance placements across property, casualty, marine, and specialty lines for mid-market and larger enterprise clients.

Emerging players

• ZA International: ZA International owns ZA Bank and ZA Insure, both licensed virtual insurers operating in Hong Kong with direct-to-consumer digital distribution. ZA's online insurance offerings overlap with L&C's basic personal products (life, accident, travel), representing a digitally native alternative to traditional broker-channel purchase.
• Bowtie Life Insurance: Bowtie is a Hong Kong-based virtual insurer selling term life and medical insurance directly to consumers via an app. Bowtie represents an emerging disintermediation threat that competes with L&C's personal lines brokerage for the same HK consumer insurance wallet without broker commissions.
• OneDegree: OneDegree is a Hong Kong-based digital insurer offering pet, home, and cancer insurance products directly online. OneDegree's digital-first model overlaps with several of L&C's specialty personal lines (pet, home contents) and bypasses traditional broker intermediation entirely.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/l-&-c

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about L & C