Referral of a dispute to an impartial third party chosen by the parties in the dispute who agree in advance to abide by the arbitrator's award issued after a hearing at which both parties have a chance to be heard.

Copyright © International Risk Management Institute, Inc. (IRMI)
www.IRMI.com/Online/Insurance-Glossary/

  

Articles

Where Non-Lawyers Fit In The Arbitration Process

By Fred G. Marziano

Many non-lawyers joined ARIAS•U.S. hoping to contribute to their industry by applying their underwriting, claims, broker and overall insurance/reinsurance expertise to the arbitration process. This article is intended to remind my colleagues of the values associated with considering the appointment of non-lawyers as arbitrators in many cases.

Continue reading...
<return to top>

Talk to us....

Request an insurance expert

OR

CALL: 215-736-2980

Contact Us

         

CALL: 215-736-2980
FAX: 215-736-2986

 

OR

Contact Us