Insurance for International Arbitrators: Immunity From Liability, Existent Coverage, Exclusions and Control of Risk

J.M. Bexhed
Bexhed, Jan-Mikael
C. Marian
Marian, Cornel

Article from: TDM 2 (2011), in Procedure, Advocacy, Strategy and Tactics in Arbitration

Abstract

Too many international arbitrators are operating nowadays without professional indemnity insurance. Granted, the services offered by international arbitrators are low-risk because the immunity laws in some jurisdictions shield the practice of an international arbitrator. Nonetheless, the risk of liability remains considerable. While drawing on the most-common errors and omission (E&O) insurance coverage, the article observes that, as a rule, the definition of legal services includes arbitrator's practice. There are, however, palpable limitations in geographic coverage, most notably ...

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Suggested Citation

J.M. Bexhed; C. Marian; "Insurance for International Arbitrators: Immunity From Liability, Existent Coverage, Exclusions and Control of Risk"
TDM 2 (2011), www.transnational-dispute-management.com

URL: www.transnational-dispute-management.com/article.asp?key=1689