The Financial Services and Markets Act 2000 (Insolvency) (Definition of Insurer) Order 2001
This Order defines “insurer” for the purposes of Part XXIV of the Financial Services and Markets Act 2000 (insolvency), except for the purposes of section 360 of that Act. “Insurer” is defined as any person who is carrying on a regulated activity of the kind specified by article 10(1) or (2) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544) (effecting and carrying out contracts of insurance) but who is not a friendly society, an exempt person in respect of that activity or a person who effects or carries out contracts of insurance of certain specified kinds only in the course of, or for the purposes of, a banking business.