The Chartered Insurance Institute (CII) and the Insurance Institute of Canada (IIC) have signed an agreement towards a mutual cross-accreditation programme.
The CII has agreed to grant four credits in its Associateship (ACII) programme to graduates of the IIC professional programme.
Similarly, the IIC's Board of Governors has agreed to grant four credits to graduates of the CII's ACII programme. ACII designation holders will receive credit for the IIC's Principles & Practices of Insurance course as well as three unspecified elective credits.
CII director of marketing Steve Wellard said: "Our agreement with the Insurance Institute of Canada has increased our range of cross-accreditation agreements we have with our overseas counterparts, and therefore has increased the services we can provide to those within our industry.
"This mutual agreement only enhances the importance of the Institute examinations both throughout the industry and on a global basis."
Other countries included in cross-accreditation with the CII include: Australia/New Zealand, Canada, India, South Africa and the US.
Agreements have also been made to moderate localised exams in Bahrain, Cyprus, Italy, Korea, Malaysia, Malta, Zambia and Zimbabwe.
The CII recognises these exams by offering some exemptions into Institute exams. The Institute also supplies generic text papers to Bahrain, Ireland, Italy, Korea and Zimbabwe.
