According to the Measures for the Supervision of Internet Insurance Business of Insurance Agents and Brokerage Companies (Trial), the qualifications for Internet insurance business are as follows:

1. An insurance agent or brokerage company shall meet the following conditions when conducting Internet insurance business:

(1) It has a sound Internet insurance business management system;

(2) Having reasonable operating rules for Internet insurance business;

(3) Its registered capital is not less than RMB100000, and its business area is not limited to the provinces, autonomous regions and municipalities directly under the Central Government where it is registered;

(4) Other conditions stipulated by the China Insurance Regulatory Commission.

2. Insurance agents and brokerage companies shall conduct insurance business on Internet sites that meet the following conditions:

(1) Obtaining an Internet information service value-added telecommunications business license issued by the competent department of the Internet industry according to law or completing the website filing in the competent department of the Internet industry;

(2) Visiting websites in People's Republic of China (PRC);

(3) Having an e-commerce system suitable for internet insurance business, which can realize the real-time docking of all insurance information of the insured with the core business system of the insurance company;

(4) It has a sound network information security management system and security technology, and has the functions of firewall, intrusion detection, encryption, third-party electronic authentication, data backup, etc. ;

(5) Other conditions stipulated by the China Insurance Regulatory Commission.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.