The ifs School of Finance today revealed that the number of new students taking an entry level qualification in general insurance has remained steady despite the challenging economic climate.
The number of people taking the Certificate in Regulated General Insurance (CeRGI®) from the ifs School of Finance during the first 6 months of 2008 is almost identical to those in the taking the exam during the same period in 2007.
Mark Roberts, Head of Financial Regulation at the ifs School of Finance said,
“The CeRGI® figures for the first half of 2008 are remarkably similar to those of the same period last year - a difference of less than ten candidates. This is clearly very encouraging when you consider everything that is happening in the financial services industry now, in marked contrast to a much more stable period over the first 6 months of 2007.
This situation suggests that the insurance industry is maintaining its attractiveness to new recruits during these difficult times - a development that should be welcomed by all.”
CeRGI® is a level 3 qualification (broadly equivalent to A level standard). On successful completion of the qualification candidates will be able to understand the nature of risk and its application as well as the general purpose, role and benefits of insurance. In addition to which successful candidates will be able to demonstrate knowledge of how insurance markets work.
CeRGI® was developed to support the General Insurance Standards Council (GISC) training and competence regime. The qualification was later revised to reflect the introduction of statutory regulation through the Financial Services Authority (FSA) in January 2005.
CeRGI® costs just £135 and can be taken at any of the UK's 150 driving test centres
For further information please contact:
Phil Hall
Head of Media & Public Affairs
E-mail: phall@ifslearning.ac.uk
