Lim Ka Kit banned from insurance intermediation for nine months
The Insurance Authority (IA) has banned Lim Ka Kit from insurance intermediation for nine months following a joint enforcement action with the Hong Kong Monetary Authority (HKMA). He pressured eight clients to buy medical insurance.
Pressure selling and altered disclosures
The HKMA investigation found that Lim Ka Kit pressured eight clients into acquiring medical insurance through telemarketing despite their requests for time to consider.
On two occasions, he induced clients to alter their heights and weights to meet underwriting requirements.
Lim was formerly a technical representative (agent) of an Authorized Institution; the notice identifies licence number IC3091. The IA imposed a nine-month ban on him acting as an insurance intermediary.
The authorities carried out the joint enforcement action under their Memorandum of Understanding on cross-sector collaboration.
Their notice is dated November 11, 2026.
Two regulators reinforce sales standards
Maria Tsui, the IA's Head of Enforcement, emphasized ethical selling, fair treatment of customers, honesty and transparency.
Raymond Chan, the HKMA's Executive Director (Enforcement and AML), said collaboration with the IA safeguards bank customers and supports high standards in financial services.
Further information appears in the IA's Enforcement News and Register of Licensed Insurance Intermediaries, and in the HKMA's Enforcement Actions section.
Sales integrity sets the boundary
The case places customer choice and accurate underwriting disclosures at the center of sales conduct.
Pressure to buy and inducements to alter personal data were both part of the misconduct.
The sanction makes the consequences concrete: nine months outside insurance intermediation.