Some of the most significant insurance disputes are now resolved through international arbitration. The impact of a choice to arbitrate may not be fully appreciated by a policyholder or its captive insurance company. Some instructive examples of frequently recurring disputes are seen in London insurance arbitrations governed procedurally by the English Arbitration Act but substantively by a modified version of New York law, which is the case for the popular “Bermuda Form” insurance policy.
To read the full article visit