On May 28, Insurance Association of China (“IAC”) announced in Beijing that a talent plan was launched to cultivate professional, specialized teams of insurance experts and think tanks. The plan would be open to individuals with or without a background in insurance who would be cultivated on a multi-layered, multi-field basis. The purpose of the plan is to tap the role of high-level talents in the insurance industry, create a talent pool and provide strong intellectual support for the sound growth of the industry.
On the day IAC launched the plan, IAC Lawyers’ Team—the first phase of the plan— was created. The team comprised ten lawyers from ten renowned domestic law firms based in Beijing, Shanghai, Guangdong and Chongqing. They were selected from a candidate list of 102 based on the recommendation of 70 IAC member institutions. Candidates must have rich practical experience, good conduct and reputation and enthusiasm in advising on insurance–related matters.
Chen Feng, Dacheng senior partner and executive head of the Shanghai office was appointed to the IAC Lawyers’ Team at the recommendation of China Pacific Insurance (Group) Co., Ltd..
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