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ADR's Role in the Insurance Industry
FACT: The growing use of Alternative Dispute Resolution (ADR)mechanisms such as arbitration, mediation, expert determination, andappraisal in the broad contexts of insurance disputes is no surprise. Bycontrolling legal spending, lowering claim durations, retaining
control overthe process and outcomes, utilizing industry experts as neutrals, andpreserving relationships, insurance companies ‘win even if they lose’.
Additionally, the increasing complexity in claims demands creative, customizedsolutions detached from rigid legal provisions, especially in the nternational insurance market.
In fact, global life and health insurers such as Ping An, China Life, AXA, Japan Post, andPrudential coupled with property and casualty giants such as Specialty, Allianz, State Farm, andPICC are utilizing ADR to manage and administer large numbers of disputed claims, providing bothclaimants and potentially responsible parties with economic and expeditious resolutions. Aspredicted, more and more savvy insurance providers are adopting mandatory ADR clauses in theircontracts every year.
Our workshop provides insight into both the Indonesian, regional, and transnational insurance business witha focus on resolving insurance-related disputes via ADR. At BIAMC, we merge practical, comprehensivecurriculum with unparalleled instruction from top foreign and domestic experts.
TRAINER
Mr. Frans Lamury (Tutor)
Frans Lamury is the Chairman of Badan Mediasi Asuransi Indonesia (the Indonesian MediationInsurance Institution). He completed various educations and trainings on insurance andmanagement in Indonesia and abroad. Mr Lamury is an Associate of Australia & New ZealandInstitute of Insurance and a Certified Insurance Expert on Loss of Asosiasi Ahli ManajemenAsuransi Indonesia (Indonesian Insurance Management Experts Association). He is is also anindependent commissioner and a technical advisor of PT Lippo General Insurance Tbk. as wellas a comissioner of PT Jaya Proteksindo Broker.
Mr. Christopher Johnston (Moderator)
Christopher Johnston has resided in Indonesia since 1996 and has worked for Jardine Fleming,JPMorgan Chase and KPMG, among others. He has a keen interest in insurance and has beenan observer of the sector for some years. Chris hails from Canada and holds a Master’s Degreefrom the University of Montreal, Canada, which he obtained in 1992.
SCHEDULE
12.30 pm : Registration Opens
1.00 pm : Session I: Overview of the Indonesian Insurance Sector
(Mr. Frans Lamury)
2.00 pm : Coffee Break
2.15 pm : Session II : Recurrent Challenges in Insurance Disputes.
(Mr. Frans Lamury)
3.15 pm : Session III : Interactive Case Study / Q&A
4.00 pm : Workshop Concludes
REGISTRATION
Standart Price : IDR 1,800,000,-
Registration Link : https://form.jotform.me/90798702255465
Registration close on Monday, April 8th, 2019
CONTACT INFORMATION
Office : +62 21 2978 3078
WA : +62 812 8281 6333
Email : [email protected]
The sheer number of projects stemming from these initiatives is and will continue to be staggering. As transnational cooperatives are forged, two inevitable byproducts result: growth and conflict. The former has been engendered through unfathomable global partnerships never previously imagined, which have resulted in a limitless galvanization of economies all across the Asia Pacific region. However, the latter has proven to be a mounting concern and justifiable obstacle to continued prosperity. That’s where we at BIAMC come in.
We are a non-profit service center located both in Kuta on Bali Island and in Jakarta on Java Island within the Republic of Indonesia devoted to international dispute settlement through arbitration, mediation, or fact-finding. As the most populous country of ASEAN, Indonesia is in a prime position and BIAMC, as a private, neutral, non-profit venue, aims to develop Indonesia's arbitration and mediation capabilities through international cooperation. Thus, we can aid in bringing about international arbitration and mediation for Indonesia with local friendliness through its archipelagic attractiveness. ...