The FSA's campaign to maintain standards among smaller financial firms has seen over 130 firms take corrective action over the way they operate.
Another 30 firms lost or had their authorisation to do business changed under the strengthened standards.
The regulator's threshold conditions team has taken action against firms that have failed to co-operate with the FSA to help meet its minimum requirements.
Managing director of the retail markets business unit, Clive Briault, said: "We work with firms to help them keep to the required standards but we take action when we find serious problems that could result in consumers losing out."
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
