044-4 Wyo. Code R. § 4-3
Wherever the term "administrator" is used in these regulations, it shall be defined as any person who collects charges or premiums from, or who pays or settles claims on, residents of this state in connection with insurance coverage or annuities other than:
(a) an employer on behalf of its employees or the employees of one or more subsidiary or affiliated corporations of such employer,
(b) a union on behalf of its members,
(c) a fully self-funded insurance plan meeting the definition of employee benefit plan as set forth in the Employee Retirement Income Security Act of 1974 (ERISA),
(d) an insurance company which is licensed in this state,
(e) a prepaid hospital or medical care plan,
(f) an insurance agent or broker licensed in this state acting as such,
(g) a creditor on behalf of its debtors with respect to insurance covering a debt between the creditor and its debtors,
(h) a bank, credit union or other financial institution which is subject to supervision or examination by federal or state banking authorities when acting as a bank, credit union or other financial institution and not as an administrator,
(i) a credit card issuing company which advances for and collects premiums or charges from its credit card holders who have authorized it to do so, provided such company does not adjust or settle claims, or
(j) a person who adjusts or settles claims in the normal course of his practice or employment as an attorney at law or an adjuster licensed in this state and who does not collect charges or premiums in connection with insurance coverage or annuities.
044-4 Wyo. Code R. § 4-3