Insurance Arbitration Commission (NGO) is a fast, cheap and expert alternative solution for insurance disputes.
Advantages
- Fast (4-6 months)
- Under 5,000 TL cost-free
- Expert arbitrators
- Decision under 250,000 TL final
- Objection arbitrator for above
Application
- First written application to the insurer
- If there is no response within 15 days or insufficient, to the NGO
- Online: arbitration.sbm.org.tr
Appointment of Arbitrator
- 1 or 3 arbitrators according to the amount
- Arbitrators lawyer/academician
- The parties' right to object 11. HD
11. HD accepts that NGO decisions are "enforceable" and can be enforced by writ.
Insurance law lawyer is recommended.