Doo Financial Enters into Insurance Industry with Acquisition of A Licensed Insurance Broker
Doo Group's affiliate, Doo Financial, embarks on a new milestone with the acquisition of a Wealth Management Limited company (IA FB1823), now known as Doo Wealth Management HK Limited. It is an insurance broker company listed on the Register of Licensed Insurance Intermediaries regulated by the Hong Kong Insurance Authority (IA).
The successful acquisition is a step forward for Doo Group on its global strategic roadmap. It reflects the group's dedication to expanding into a new market – insurance. In the future, Doo Group's highly skilled team will be collaborating with other reputable insurance and financial companies to constantly create value for our clients.
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Doo Wealth Management HK Limited – A New Chapter for Doo's Global Journey
To create a truly global value proposition, Doo Financial has decided to venture into the insurance industry. Therefore, the company produced a strategic plan for the acquisition. After a period of steadfast business negotiation, including due diligence, legal documents, and transaction processing, Doo Financial is proud to announce its success in the acquisition. The group is pleased to begin the journey of Doo Wealth Management HK Limited, along with the Insurance Intermediary Licence granted by the Hong Kong Insurance Authority (IA).
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