FSC broadens scope for insurance industry to hire cross-disciplinary talent, adding 5 new medical-related fields
Taiwan's Financial Supervisory Commission (FSC) announced it will expand the scope for insurance companies to hire cross-disciplinary professionals as managers, adding five new fields including medical, investment, marketing, real estate, and sustainable economy. This move aims to help the insurance industry attract diverse talent and is expected to take effect as early as the end of July.
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- 📰 Published: May 12, 2026 at 21:28
- 🔍 Collected: May 12, 2026 at 22:02 (34 min after Published)
- 🤖 AI Analyzed: May 13, 2026 at 03:54 (5h 52m after Collected)
Central News Agency
(Central News Agency reporter Su Ssu-Yun, Taipei 12th) The Financial Supervisory Commission (FSC) today announced that it will broaden the scope for insurance companies to hire cross-disciplinary professionals as managers. From the current seven fields of information, technology, law, e-commerce, digital economy, financial accounting, and human resources, five new fields will be added: medical, investment, marketing, real estate, and sustainable economy. This is to facilitate the insurance industry's absorption of cross-disciplinary talent, with the earliest implementation expected by the end of July.
The FSC today stated that it has completed the draft amendment to Article 8-1 of the "Regulations Governing the Qualifications and Concurrent Engagements of Responsible Persons of Insurance Enterprises and the Matters to be Complied With" (referred to as "these Regulations"). The draft began its 60-day public comment period on May 8 and is expected to be implemented as early as the end of July.
Cai Huoyan, Deputy Director of the FSC's Insurance Bureau, pointed out two major amendment focuses. First, the amendment to Article 8-1, Paragraph 1, Subparagraph 4, targets the existing requirement that those intending to serve as vice presidents, assistant vice presidents, and managers of insurance enterprises, or equivalent positions, must meet the active qualification condition of "having more than 10 years of work experience in professional fields such as information, technology, law, e-commerce, digital economy, financial accounting, or human resources." This will be amended to "having more than 10 years of work experience in specific professional fields."
Second, new authorization provisions will be added: "The specific professional fields referred to in Paragraph 1, Subparagraph 4 shall be separately prescribed by the competent authority." This shifts from the current method of explicitly listing the specific professional fields for managers to a general authorization for the competent authority to prescribe them.
Cai Huoyan pointed out that on the effective date of the subsequent draft, an order will be simultaneously issued in accordance with the authorization provisions, specifying the concrete scope of "specific professional fields" referred to in Paragraph 1, Subparagraph 4. In addition to the currently specified seven professional fields of information, technology, law, e-commerce, digital economy, financial accounting, and human resources, the future order plans to add five new fields: medical, investment, marketing, real estate, and sustainable economy.
Cai Huoyan stated that the FSC is promoting the financial action innovation regulatory adjustment platform. This case originated from a proposal by a member of the insurance regulatory review working group and integrated opinions from life insurance and property insurance associations. The main consideration was that if operators want to establish positions such as Chief Sustainability Officer, but the professional field of a Chief Sustainability Officer may not be within the original scope, thus adding fields such as sustainable economy. Furthermore, with the adoption of general authorization this time, if additional professional fields need to be added in the future, they can take effect immediately through the issuance of an order, making it more timely. (Editor: Pan Yi-Ching) 1150512
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(Central News Agency reporter Su Ssu-Yun, Taipei 12th) The Financial Supervisory Commission (FSC) today announced that it will broaden the scope for insurance companies to hire cross-disciplinary professionals as managers. From the current seven fields of information, technology, law, e-commerce, digital economy, financial accounting, and human resources, five new fields will be added: medical, investment, marketing, real estate, and sustainable economy. This is to facilitate the insurance industry's absorption of cross-disciplinary talent, with the earliest implementation expected by the end of July.
The FSC today stated that it has completed the draft amendment to Article 8-1 of the "Regulations Governing the Qualifications and Concurrent Engagements of Responsible Persons of Insurance Enterprises and the Matters to be Complied With" (referred to as "these Regulations"). The draft began its 60-day public comment period on May 8 and is expected to be implemented as early as the end of July.
Cai Huoyan, Deputy Director of the FSC's Insurance Bureau, pointed out two major amendment focuses. First, the amendment to Article 8-1, Paragraph 1, Subparagraph 4, targets the existing requirement that those intending to serve as vice presidents, assistant vice presidents, and managers of insurance enterprises, or equivalent positions, must meet the active qualification condition of "having more than 10 years of work experience in professional fields such as information, technology, law, e-commerce, digital economy, financial accounting, or human resources." This will be amended to "having more than 10 years of work experience in specific professional fields."
Second, new authorization provisions will be added: "The specific professional fields referred to in Paragraph 1, Subparagraph 4 shall be separately prescribed by the competent authority." This shifts from the current method of explicitly listing the specific professional fields for managers to a general authorization for the competent authority to prescribe them.
Cai Huoyan pointed out that on the effective date of the subsequent draft, an order will be simultaneously issued in accordance with the authorization provisions, specifying the concrete scope of "specific professional fields" referred to in Paragraph 1, Subparagraph 4. In addition to the currently specified seven professional fields of information, technology, law, e-commerce, digital economy, financial accounting, and human resources, the future order plans to add five new fields: medical, investment, marketing, real estate, and sustainable economy.
Cai Huoyan stated that the FSC is promoting the financial action innovation regulatory adjustment platform. This case originated from a proposal by a member of the insurance regulatory review working group and integrated opinions from life insurance and property insurance associations. The main consideration was that if operators want to establish positions such as Chief Sustainability Officer, but the professional field of a Chief Sustainability Officer may not be within the original scope, thus adding fields such as sustainable economy. Furthermore, with the adoption of general authorization this time, if additional professional fields need to be added in the future, they can take effect immediately through the issuance of an order, making it more timely. (Editor: Pan Yi-Ching) 1150512
Choose to stand with facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency 'First-hand News' APP to grasp the latest news instantly.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.