The heading of ‘other insurance-related activities’ covers those activities which are not directly involved in the provision of insurance, but which are nonetheless an important feature of the industry. Apart from investment, few, if any, will be exempt.

(1) Standard-rating

Standard-rating tends to be the exception for the insurance industry. It does, however, arise in a number of particular areas – especially in the context of property investment, which is dealt with elsewhere at ¶33-000.

Property apart, standard-rating will apply to a variety of supplies, largely of services peripheral or incidental to insurance. Common examples include:

average adjustment;

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