UAE – Proposed committees for insurance disputes
Thursday, 04 28 2016, Category: Insurance and Reinsurance, Country: U.A.E
The Insurance Authority is approaching authorities in the country in order to establish legal committees to settle insurance disputes related to insurance issues in the next period.
Insurance experts made proposals to the Insurance Authority to establish separate courts or a special mediation center to settle insurance disputes as has been the case in advanced countries in order to mediate between the parties and settle insurance disputes.
The Insurance Authority notified “Al Roeya” that it is currently studying the proposals along with competent authorities in the government in order to deal with insurance complaints including insurance dispute settlement courts.
Source: Al Roeya - UAE