COLLEYVILLE, Texas — Davis J. McCabe, vice president of finance and insurance for Ride-Away Handicap Equipment Corporation, earned the Association of Finance & Insurance Professionals (AFIP)’ Master Certified F&I Professional designation in December 2012 after completing the sanctioning body’s highest tier of its regulatory and ethics-based continuing education program.
McCabe is one of only 40 financial services professionals in the nation — and the first in the mobility industry — to earn AFIP Master Certification.
In March 2012, McCabe, who has been in his current position since 2004, also became responsible for oversight of the finance and insurance component of the parent company of Ride-Away — the largest provider of modified vehicles and adaptive equipment for people with disabilities — Hasco Medical Inc., and its subsidiary, Mobility Freedom Inc. of Florida. He also has personally directed finance and insurance operations at Hasco Medical’s 16 locations. Before joining Ride-Away, McCabe worked in management positions at Toyota and Chevrolet franchised dealerships.
The AFIP, a nonprofit organization, certifies in-dealership financial services personnel. The association’s three-tiered program addresses the state and federal regulations governing in-dealership finance and insurance operations. AFIP Certified F&I professionals are also required to adhere to an enforced Code of Ethics.
AFIP Certified professionals must re-certify every two years to stay current with regulatory changes. Achieving Basic and Senior Certification status requires passing a rigorous 200-question proctored exam with a score of 80 percent or higher. The senior tier also requires completion of an applied ethics component.
The Master level program was launched in 2012, and McCabe was among the first cohort of Master Certified F&I Professionals to earn the designation. The group is honored in a full-page ad in the January 2013 issue of F&I and Showroom magazine.
“The men and women who have achieved Master Certification possess a level of expertise unparalleled in the industry,” said David Robertson, executive director of the AFIP. “AFIP Certification is voluntary, so these individuals exhibit a rare commitment to their profession – and to their customers, colleagues and employers.”