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BTC launches compliance tracker

BTC, which describes itself as an industry performance improvement specialist, has launched an internet-based IT program which, it claims, helps retailers avoid being engulfed by FSA paperwork relating to insurance selling regulations.

Called FSA Tracker, it is designed to ensure compliance and provide the ability to prove compliance, according to BTC’s managing director Guy Allman.

Endorsed by Peugeot Financial Services, the FSA Tracker is mandatory for PFS’s appointed retailer representatives on the FSA front.

As other retailers and lenders have discovered, BTC claims its system can generate additional insurance business. This, the firm maintains, is down to tracking customer data and needs, which leads to increased sales of extended warranties, GAP insurance and service plans.

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