Tennessee Code Title 56. Insurance § 56-6-401

(1) An employer on behalf of its employees or the employees of one (1) or more subsidiary or affiliated corporations of the employer;

(2) A union on behalf of its members;

(3) An insurance company that is either licensed in this state or acting as an insurer with respect to a policy lawfully issued and delivered by it in and pursuant to the laws of a state in which the insurer was authorized to conduct an insurance business or a nonprofit hospital, medical, dental or vision service organization, including its sales representatives, licensed in this state when engaged in the performance of its duties as such, or a duly licensed health maintenance organization;

(4) A life or health agent or broker licensed in this state, whose activities are limited exclusively to the sale of insurance, or sales-related services for which no monetary compensation is paid;

(5) A creditor on behalf of its debtors with respect to insurance covering a debt between the creditor and its debtors;

(6) A trust, its trustees, agents and employees acting under the trust, established in conformity with 29 U.S.C. § 186;

(7) A trust exempt from taxation under the Internal Revenue Code, § 501(a) (26 U.S.C. § 501(a)), its trustees, and employees acting under 26 U.S.C. § 501(a), or a custodian, its agents and employees acting pursuant to a custodian account that meets the requirements of the Internal Revenue Code, § 401(f) (26 U.S.C. § 401(f));

(8) A bank, credit union or other financial institution that is subject to supervision or examination by federal or state banking authorities;

(9) A credit card issuing company that advances for and collects premiums or charges from its credit card holders who have authorized it to do so, provided the company does not adjust or settle claims; or

(10) A person who adjusts or settles claims in the normal course of the person's practice or employment as an attorney at law, and who does not collect charges or premiums in connection with life or health insurance coverage or annuities.