TABC Business Summary

Taiming Assurance Broker Co., Ltd. (TABC) is a leading independent insurance brokerage in Taiwan, generating revenue primarily through commission fees earned from the distribution of life and property insurance products. The company’s business model centers on an intermediary platform that connects policyholders with a comprehensive suite of insurance solutions, including personal life, health, accident, annuity, and investment-linked insurance, as well as fire, automobile, and liability coverage. TABC’s operations are divided into two core segments: Life Insurance Brokerage and Property Insurance Brokerage, supported by a professional agent network and strategic alliances with major domestic and international carriers. In the competitive landscape of Taiwan's insurance brokerage market, TABC competes with listed peers such as Law Insurance Broker (6029.TWO), Golden Insurance Brokers (6028.TWO), and Everest Insurance Agency (2643.TWO). TABC differentiates itself through its rigorous agent training programs and a high policy persistency rate, positioning it as a top-tier independent player in the fragmented brokerage sector. The company is led by Chairman Cheng-Chin Lee (李正津), who oversees strategic governance and corporate direction. The executive management team is headed by President and General Manager Chun-Hsien Huang (黃俊賢), who assumed the role in 2025 and is tasked with driving digital transformation and expanding the firm’s agent footprint. TABC was founded in 2002 by Lee Chuan-Hsien (李傳賢), a seasoned insurance professional who established the firm to professionalize the independent brokerage model in Taiwan. The board of directors includes a mix of founding members and independent directors with expertise in finance and law, ensuring robust oversight. As of March 2026, TABC maintains a stable financial profile characterized by a debt-free balance sheet and a consistent dividend payout, supported by a shareholder base that includes key management and long-term institutional investors.