5,000 Advisers have taken CeRGI

The Institute of Financial Services says 5,000 advisers have now taken its Certificate in Regulated General Insurance.

The single-module qualification is modelled around the IFS’s CeMAP exam. The regulation of GI activities requires that employers have in place suitable competence and training arrangements for those carrying out regulated activities.

Mark Roberts, head of faculty financial regulation at the IFS, says: “Combining CeRGI, training and testing on processes and products specific to the individual’s tasks and suitable methods of assessing competence in the workplace can form the basis of a scheme to provide evidence of competence as required by the regulator.”