INSURANCE LAW

ESQ Advocates is a market leader in both the contentious and non-contentious areas of the insurance and reinsurance sector. This insurance coverage is protected by the UAE Insurance Law, as Article 4 of the Insurance Authority’s Board of Directors Decision No. 33 of 2019 regarding the system of settlement committees and resolution of insurance disputes stipulates that “the committees are specialized in settling and resolving insurance disputes for all types and classes of insurance arising from complaints of the insured, beneficiaries or The aggrieved persons with the capacity or interest in the insurance dispute against the company only and whatever its value, whether it is valued or not valued” indicates that even if the insured or the beneficiaries or the injured persons with the capacity or interest in the insurance dispute have the right to file a lawsuit before the courts. The owner of the general jurisdiction in the event of a dispute between others with the insurance company, such as the one responsible for the damage and the one responsible for it, according to the circumstances. However, this decision included that if the aforementioned brought their dispute before the insurance dispute settlement committees against the insurance company to claim their rights before it, the insurance disputes would be limited. On the company only. ESQ Advocates regularly work with government bodies and regulators on legislation and policy advisory across the region, thus putting us at the forefront of the regulatory landscape, including the priorities of regulators and the policies they enact.