Biba is to propose a single method of measuring contract certainty for the non-subscription market to allow the FSA to determine brokers' compliance more easily.
The FSA is understood to have indicated to Biba that it would consider allowing provincial brokers to capture the relevant data using a standard process.
Peter Staddon, Biba head of technical services, said: "Some regional brokers don't have the IT systems in place to assist in the capturing of data.
"We have been given the go-ahead to look for an alternative solution."
Staddon said Royal & SunAlliance chief executive Bridget McIntyre had approached the FSA with the suggestion.
Biba is now looking to its compliance forums to put forward suggestions.
"It can't be over burdensome, must be cost effective, and stand up to scrutiny," said Staddon.
'The London market is ahead of schedule in meeting contract certainty targets, it was announced this week.
According to the International Under-writing Association (IUA), 93% of contracts in the London market were contract certain in July.
The FSA has stipulated that 85% of contracts need to be clearly agreed within a 30-day time limit by the end of 2006.
Dave Matcham, IUA chief executive, said: "We are not quite at the finishing tape yet. There is still work to be done on reducing the number of exceptions and late placements.
"I am convinced, however, that the reforms introduced are now becoming embedded business practice and will continue to operate beyond the end of 2006."
