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.
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.
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IACPA- International Arab Certified Public Accountant
ECPA-Emirates Certified Public Accountant
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