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I can see the end-user appeal in it, especially for a Lloyds, DNV, BSI, BVQI or TUV type organisation who issue approvals so possibly £x,xxx to an end-user. There are a number of these companies their business is issuing 'approvals' and there is competition in the market but you could wait long enough to get an offer.
To another domainer, it's a single word but not the strongest of generics and I wouldn't imagine affiliate possibilities are great so low £xxx.
TBH I don't know much so don't give too much weight to my opinion
when I looked at some of the sold domains....I could see that I have a strong keyword with a great deal of branding and with the likely tightening of leding restrictions, getting approval may be harder.