(a) As used in this chapter:
(i) "Industrial insured" means an insured:
(A) Which procures the insurance of any risk other than life and annuity contracts through the services of a full-time employee acting as an insurance manager or buyer or the services of a regularly and continuously retained qualified insurance consultant;
(B) Whose aggregate annual premiums for insurance on all risks total at least twenty-five thousand dollars ($25,000.00); and (C) Which has at least twenty-five (25) full-time employees.