There’s life in the old dog yet – The use of ADR in insurance practice. Anne-Karin Grill and Philipp Strasser
Both insurance / reinsurance and alternative dispute resolution (ADR) are founded in the same old tradition; namely, to further commerce through informality, speed, low cost and commercial realism. Historically, confidential binding arbitration has been used in the insurance arena to resolve disputes among insurers in the reinsurance context and between insureds and insurers under high excess catastrophic liability policies.
By Anne-Karin Grill and Philipp Strasser