Compliancy Services Ltd, the new Financial Services Authority (FSA) compliance expert, has become an approved assessment centre of the Institute of Motor Industry (IMI), the automotive sector’s leading qualifications awarding body.
This means motor dealers and manufacturers can be confident, when looking to appoint a consultancy to help achieve authorisation for the January 2005 deadline, that it has been independently audited. This ensures all online training programmes and systems are validated to the highest standard.
To achieve approved centre status from the IMI, businesses must go through an extensive auditing assessment. Only once they have satisfied the standards of the IMI are they given approved status.
Compliancy Services offers its customers, assistance and advice from applying for authorisation, to support on implementing all the necessary procedures to remain compliant. In addition, it provides an on-line training, testing and monitoring service to help staff become competent in the mediation of any insurance products in which they are involved in. With approved centre status from the IMI, motor retailer employees who pass the Compliancy Services tests will be entitled to receive a certificate from the IMI, under its Quality Assured Awards (QAA) programme.
Tony Worthy, Managing Director, Compliancy Services, comments: "Businesses looking to protect their insurance income by appointing a consultancy should really ensure the consultancy chosen is an approved centre for IMI, City and Guilds or NVQ qualifications. This gives the organisation the confidence that the training programme has been independently audited and its online training systems are validated to the highest standard".
Ian Cheetham, the IMI’s head of accreditation commented: "This area of expertise is particularly important to motor retail businesses at present so we are delighted that Compliancy Services has joined our growing network of approved centres. The IMI’s Quality Assured Awards programme is becoming increasingly recognised through the industry as an independent benchmark for assessed training and we look forward to supporting Compliancy Services in their field."