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ES-1.2.1

Past version: Effective from 01 Oct 2007 to 30 Sep 2009
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Module AU covers the licensing requirements for insurance licensees; registration requirements for actuaries and loss adjusters; 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: January 2007
Amended: October 2007