(1) An insurance undertaking carrying on legal expenses insurance shall, with the approval of the Bank, adopt at least one of the methods of operation as specified in the following subparagraphs (a), (b) and (c) of this subarticle -
(a) the insurance undertaking shall ensure that no member of staff who is concerned with the management of legal expenses insurance claims, or with legal advice in respect thereof, carries on at the same time a similar activity -
(i) where the insurance undertaking carries on one or more other classes of insurance, for another class carried on by it;
(ii) in another insurance undertaking having financial, commercial or administrative links with the first insurance undertaking and carrying on one or more of the other classes of insurance;
(i) the insurance undertaking, shall entrust the management of claims in respect of legal expenses insurance to an undertaking, having separate legal personality, which shall be mentioned in the separate insurance