PART II SPECIFIED ACTIVITIES
F1CHAPTER VIIAAssisting in the Administration and Performance of a Contract of Insurance
Exclusions
Claims management on behalf of an insurer etc.39B.
(1)
A person does not carry on an activity of the kind specified by article 39A if he acts in the course of carrying on the activity of—
(a)
expert appraisal;
(b)
loss adjusting on behalf of a relevant insurer; or
(c)
managing claims on behalf of a relevant insurer,
and that activity is carried on in the course of carrying on any profession or business.
(2)
In this article—
(a)
“relevant insurer” means—
(i)
a person who has Part IV permission to carry on an activity of the kind specified by article 10;
(ii)
a person to whom the general prohibition does not apply by virtue of section 316(1)(a) of the Act (members of the Society of Lloyd's);
(iii)
an EEA firm falling within paragraph 5(d) of Schedule 3 to the Act (insurance undertaking); or
(iv)
a relevant reinsurer;
(b)
“relevant reinsurer” means a person whose main business consists of accepting risks ceded by—
(i)
a person falling within sub-paragraph (i), (ii) or (iii) of the definition of “relevant insurer”; or
(ii)
a person who is established outside the United Kingdom who carries on an activity of the kind specified by article 10 by way of business.