S.L. 487.6 Art. 5Activities not amounting to insurance or reinsurance distribution activities.

The following activities shall not amount to insurance distribution activities or reinsurance distribution activities:

(a) the provision of information on an incidental basis in the context of another professional activity where:

(i) the provider does not take any additional steps to assist the potential policyholder or policyholder in concluding or performing a contract of insurance;

(ii) the purpose of that activity is not to assist the potential policyholder or policyholder in concluding or performing a contract of reinsurance;

(b) the management of claims of an authorised insurance undertaking or of an authorised reinsurance undertaking on a professional basis;

(c) loss adjusting and expert appraisal of insurance and reinsurance claims;

(d) the carrying on of activities which are strictly limited to effecting introductions either by means of:

(i) the mere provision of data and information on potential policyholders to insurance intermediaries or reinsurance intermediaries enrolled under the Act, authorised insurance undertakings or authorised reinsurance undertakings; or

(ii) the mere provision of information about insurance or reinsurance products, insurance intermediaries or reinsurance intermediaries enrolled under the Act, authorised insurance undertakings or authorised reinsurance undertakings, to potential policyholders, where the provider of such information does not take any additional steps to assist in the conclusion of a contract of insurance or a contract of reinsurance:

Provided that, the activities referred to in paragraph (d) are carried out in accordance with the conditions set out in Insurance Distribution Rules made for this purpose.