Mediation of Insurance Disputes in the London Market
.jpg)
This just in from 11 Stone Buildings on the Resolution of Commercial Insurance and Reinsurance Disputes - A Move Towards Mediation in the London Market?
David Stern's latest bulletin on insurance and mediation is now available to download on the link above. It aims to set out how mediation is perceived, what drivers there are for change and how these drivers are likely to impact the use of mediation as a dispute resolution technique for London Market disputes in the future.
If you would like more details of our specialist insurance mediation service, please contact Michael Couling on 020 7831 6381 or couling@11sb.com.
David would be glad to present this bulletin as an in-house seminar. Please contact Chambers if you would like further information on this or any of our forthcoming seminars.
For more information on the barristers at 11 Stone Buildings who deal with Insurance and Reinsurance please visit Insurance and Reinsurance.
To sign up for our bulletins and news alerts click on Newsletter Sign Up.
Though I mediated several big ticket London coverage cases in that fair city while defending environmental insurance claims cases (primarily against the petroleum companies my husband was then representing) the power of most settlement discussions was in the hands of the lead negotiator for Equitas - a master deal-maker who left most mediators in the dust.
I believe that the quality of mediation practice has greatly improved since that time (late 1990's, early 21st century) primarily as a result of attorneys entering the practice (with all due deference to my retired Judge mediator friends). I'm happy to see London giving mediation a higher profile.
The London Market has drunk the Kool-Aid in many ways. A few years ago I worked with Paul Moss (then Head of Claims of QBE Europe) and some others to create a protocol to mediate reinsurer/cedant disputes. The protocol got lots of press and lots of companies' interest. The Insurance Institute is currently writing a book on mediating insurance/reinsurance disputes, under the leadership of Alexander Oddy.