FCA shines spotlight on wholesale market

The Financial Conduct Authority (FCA)'s investigation into
the wholesale insurance market highlights mounting concern around
the changing relationship between brokers, insurers and insureds,
according to observers.
On releasing its 2017/18 business plan last week (18 April), the
UK watchdog said it would conduct a market study on the wholesale
segment and a review into the general insurance distribution
chain.
Its wholesale market study will "assess how effectively
competition is working in thes