ES-1.2.1

Module AU covers the licensing requirements for insurance licensees; registration requirements for actuaries, loss adjusters and appointed representatives; and authorisation requirements for approved persons. The Module defines what is included as part of regulated services, specifically providing definitions for:

(a) Carrying on of insurance business (insurance firms);
(b) The broking of insurance contracts (insurance brokers);
(c) The offering of insurance advice (insurance consultants);
(d) The provision of insurance management services (insurance managers); and
(e) Operators of an insurance exchange (insurance exchange operators).
Amended: October 2009
Amended: October 2007
Amended: January 2007