The Chartered Institute of Loss Adjusters (Cila) and the Chartered Insurance Institute (CII) have set up a joint working party to discuss how the two can work together on professional examinations.

The Chartered Institute of Loss Adjusters (Cila) and the Chartered Insurance Institute (CII) have set up a joint working party to discuss how the two can work together on professional examinations.

In a joint statement, the groups said the decision had been made in "preparation for a much greater degree of industry regulation".

Its findings will be published this summer.

Cila president Gerald Williams said: "We are interested in talking to the CII about working closely with it over our examinations and how we can share information.

"With more regulation governing the market, it seems only natural we should find a way in which the whole industry can benefit from just one qualification."

He said it was too early to talk about how the processes or methods of examinations would work or if examination fees and subscriptions would be split between both institutes.