The UK 's Financial Conduct Authority ( FCA ) taking a closer look at the financial insurance market could result in brokers ' commissions being forced down , according to a report from regulator . The report concludes with competition being the main focus of the regulator , commissions could cease to rise - to the benefit of insurers . It 's also possible larger commissions take a hit if the regulator believes any anti - competitive practices are taking place . Over the last 12 years , acquisition costs for insurers have risen from 15 % of gross - written premiums to 22 % . Rising brokers ' commissions account for this , to some extent .
The UK's Financial Conduct Authority (FCA) taking a closer look at the London insurance market could result in brokers' commissions being forced down, according to a report from Fitch. The report notes with competition being the main focus of the FCA, commissions could cease to rise - to the benefit of insurers. It's also possible larger brokers take a hit if the regulator establishes any anti-competitive practices are taking place. Over the last 12 years, acquisition costs for insurers have risen from 17% of gross-written premiums to 22%. Rising brokers' commissions account for this, to some extent.