In concept, arbitration of insurance disputes is desirable since it offers some measure of confidentiality, sidesteps court congestion, provides for consideration of the issues by industry-seasoned and insurance-savvy individuals, and supposedly avoids the time commitments inherent in discovery and motion practice.1 And yet, in reality, arbitration of insurance disputes is not a cure-all. The inadequacy of the arbitration clause, or the parties’ failure to address issues such as choice of law, venue, scope of discovery, enforcement of the award, and right to appeal, often leaves the arbitration proceeding riddled with ambiguity. In addition, without stare decisis, arbitration offers less predictability than do court proceedings.
CERTIFICATION ISSUED BY:
Arab Arbitration Society (AAS) International arbitration sector in all aspects, is an integral part of the law and the business sector in the world ,the Arab Arbitration Society it’s the bridge of communications.
- Arab Arbitration Society
- High Authority Council for Arab Bankers (HACAB)
- Lawyers, legal advisers, judges, prosecutors, police officers, senior stakeholders, professors, law faculties in universities, accredited arbitrators.
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AIAL had been founded at the hands of its promoter whose experience exceeds three decades 30 years, it remains dedicated to finding solutions to the great challenges of the day and to preparing its participants for a better career in today's world.See all Arab Institute for Accountants & Legal courses