Cila president Andy King confirmed this week that he had stepped down from his role as PricewaterhouseCoopers' (PWC) Forensic Services director of insurance claims services division.

King said he was leaving because opportunities to develop the major loss business at PWC were becoming limited.

A Cila statement said: "Andy King came to the conclusion that because of the restrictions imposed by the SEC rules implementing the US Sarbanes-Oxley Act, the role of developing a major loss facility acting for insurers within PWC was now constrained.

"He is now pursuing several different career options," the statement said.

It is understood that one of the options King is considering is setting up a new loss adjusting company.

King took over the presidency of Cila from Michael Burnett last month.