Nov 8 (Reuters) -
* Financial conduct authority (fca) has today launched a market study to assess how competition is working in wholesale insurance broker sector.
* fca wants to ensure that sector is working well, and fosters innovation and competition in interests of its diverse range of clients.
* fca plans to explore how competition is currently working and whether it could work better.
* Fca believes that effective competition contributes to ensuring london remains an international centre for insurance. Source text for Eikon: Further company coverage: [ ] (Reporting By Huw Jones)