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    REMEDI Issues Form Mediation Clause and Mediation Agreement for Reinsurance Disputes

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    REMEDI, the Re/Insurance Mediation Institute, has released its forms  for a Mediation Clause and a Mediation Agreement for reinsurance disputes.  These documents resulted from a process that included consultation with senior industry executives active in reinsurance disputes.  The operative concept of the Mediation Clause is that it will not delay resolution by arbitration, as it can run on a parallel rack, and with good faith efforts by the parties, can be concluded in the time period in which an arbitration is in its preliminary organizational stages.

    The announcement from the REMEDI leadership, and the forms themselves, can be accessed here.

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