Sec. 10. (a) As used in this chapter, "licensee" means a person that is:
(1) licensed, authorized to operate, or registered; or
(2) required to be licensed, authorized to operate, or registered;
under this title and the rules adopted under this title.
(b) The term does not include any of the following:
(1) A purchasing group or risk retention group that is chartered and licensed in another state.
(2) A person that is:
(A) acting as an assuming insurer; and
(B) domiciled in a state or jurisdiction other than Indiana.