Moore Stephens say there are big gaps in the U.K. insurance industry’s application and understanding of FSA requirements on contract certainty. While acknowledging that a lot of work has been put in by the London Market Reform Group, among others, Moore Stephens says the target of achieving between 75 and 80 percent compliance looks optimistic, at best. The FSA is to review the industry’s performance and it is understood that later this month it may decide to adopt a more rigorous approach to enforcement. Moore Stephens Insurance Industry Group partner Simon Gallagher says that firms should be monitoring their progress in terms of trying to meet contract certainty targets.