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Insurance Lawsuits and Arbitration

Insurance law is the branch of law arising from insurance contracts, in which the insurer undertakes to bear the economic consequences of a danger or risk in line with the relevant guarantees. Insurance law covers areas such as accident, loss, credit and financial risks, health, retirement and life insurance. With the insurance contract, the policyholder is under the obligation to pay premiums to the insurer. The insurer, on the other hand, will be under the obligation to pay the guarantees and indemnities included in the insurance policy when the risk or damage occurs.

Mandatory traffic insurance, automobile insurance, aviation insurance, marine insurance, insurances in human transportation, insurances in freight and cargo transportation, life and disability insurances, fire insurances, medical practice responsibility (malpractice) insurance can be given as example of litigation issues arising from insurance law disputes.

The negative consequences of long duration of cases in insurance proceedings led to the establishment of arbitration commissions specific to this field. In parallel with the practices of insurance law in the world, disputes against Turkish insurance companies which recognize the judicial authority of Istanbul-based Insurance Arbitration Commission can be concluded in a short time through arbitration.

As the Bosphorus Legal Partners team, we provide meticulous service to our valued clients in order to ensure that the legal disputes arising from insurance law are carried out in a healthy manner. With our experienced and dynamic lawyer staff, we protect your interests and provide compensation for all the material and moral damages you experience.

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