Big brokers do cry

We all knew the FSA was on a mission following the scalding criticism it received over the banking crisis. But now, as its inspectors storm the corridors of the fastest-growing insurance brokers, firms are fuming over greater demands for information and stricter deadlines. As only the largest 5% of brokers receive these intensive site visits, they complain that the FSA is creating a two-tier market where smaller firms get away with light-touch regulation at a distance. In this piece for Insurance Times, I asked whether these bigger brokers are under unfair pressure – or whether they should just deal with it and stop moaning.

Author: Katie Puckett

I am an experienced journalist, copywriter and editor who has covered the built environment for nearly 20 years. I’ve interviewed thousands of senior executives, politicians and experts in many fields and travelled to report on stories throughout Europe, the US, the Gulf states and India. My articles have appeared in many business and professional titles including Building, Estates Gazette, Inside Housing, the Bartlett Review, Insurance Times and Lloyd’s Market. I am co-author, with architect Bill Gething, of Design for Climate Change, published by RIBA, and I launched and edit The Possible, a thought leadership magazine for global engineering firm WSP. I'm also co-founder of Wordmule, an editorial studio that specialises in buildings and cities.

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