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CIP/QFA recognition

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  • 17-02-2013 10:14pm
    #1
    delta_bravo
    Registered Users Posts: 4,567 ✭✭✭


    Hi,

    I have started a job in insurance recently and as part of it I have to do the CIP and the company are paying for it. I also want to do the QFA but I am wondering if there is any cross recognition if I get the CIP? Only reason I ask is I know people who have a QFA can do an extra module called "insurance for QFAs" and I presume this gives them some sort of insurance qualification. Does the same apply for the CIP?


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    #2
    kkelliher
    Moderators, Home & Garden Moderators Posts: 1,583 Mod ✭✭✭✭kkelliher


    the CIP is requied in order to meet the minimum competancy requirements (MCC) of the cental bank to work in general or commercial insurance. The QFA covers you for MCC for other areas but not personal or general insurance therefore depending on what exacty you are working at will depend on what you need to qualify at. If you are in general or commercial insurance you will have to get the CIP and as far as I am aware there is no link between CIP and QFA but I am open to correction.

    The insurance institute of ireland www.iii.ie have all the details you need on the CIP


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    #3
    Toots
    Administrators, Business & Finance Moderators, Society & Culture Moderators Posts: 16,913 Admin ✭✭✭✭✭Toots


    Moved to Distance & Part-time Education.


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