For the purposes of this chapter, unless the context indicates otherwise:
(1) “Directly procured insurance” means insurance procured under s. 618.42.
(2) “Doing an insurance business” includes:
(a) Soliciting, making, or proposing to make an insurance contract;
(b) Taking or receiving an application for insurance;
(c) Collecting or receiving, in full or in part, an insurance premium;
(d) Issuing or delivering an insurance policy except as a messenger not employed by the insurer or by an insurance agent or broker;
(e) Inspecting risks, setting rates, disseminating information or advising on risk management in connection with the solicitation, negotiating, procuring or effectuation of insurance coverage;
(f) Investigating, settling, adjusting or litigating claims;
(g) In any way representing or assisting any person to do an insurance business or to procure insurance; and (h) Any other act generally regarded as doing an insurance business.
(3) “Doing an insurance business” does not include:
(a) Acting as an attorney for a client; and (b) Acting as a full-time salaried employee of an insured in the capacity of an insurance buyer or manager.