International Insurance Arbitration
Sedgwick is the only law firm with a presence in the key insurance and reinsurance jurisdictions in the United States, London and Bermuda.
Arbitration is a particular feature of our services to the insurance industry. Our attorneys have expertise in arbitrations governed by the English Arbitration Act, the United Nations Model Law on International Commercial Arbitration, the Bermuda International Conciliation and Arbitration Act, the American Arbitration Association Rules, and the International Chamber of Commerce Rules as well as under various ad hoc and local arbitration rules, such as the ARIAS U.K. Rules and Lloyd’s Arbitration Scheme.
Sedgwick represents insurers and reinsurers in arbitrations on complex coverage questions and involving significant exposure. The issues vary widely, but include questions of nondisclosure and misrepresentation in the formation of contracts and the interpretation of complex contract language. Arbitrations handled by our attorneys focus on insurance/reinsurance issues and concern all major classes of business, including general liability, professional liability (including D&O and financial institutions), brokers E&O, product liability, property, environmental liability, marine, cargo, satellites, personal accident and U.S. workers’ compensation reinsurance. Sedgwick is frequently involved in arbitrations arising from structured and captive insurance arrangements.
Sedgwick has particular expertise in handling arbitrations arising under policies issued by the Bermuda insurance market, including under professional liability, property and most particularly under general liability policies written on the Bermuda Form. Sedgwick is a recognized leader in coverage under the Bermuda Form and has handled numerous arbitrations arising under it. With its unique presence in the United States, London and Bermuda, Sedgwick is ideally suited to handling disputes under the form, which is typically governed by New York law and subject to arbitration in London or Bermuda.
Sedgwick’s International Insurance Arbitration Practice is part of the firm’s Insurance Division, one of the largest international teams of attorneys and business advisors dedicated to the institutional concerns and success of the insurance industry. Our clients cover the spectrum of the insurance industry and include some of the largest insurers and reinsurers in the business.