Arbitration Center meets with Kosovo insurance sector

Prishtina, June 2 – Arbitration Center of the American Chamber of Commerce in Kosovo organized a follow up meeting with the Insurance Sector in Kosovo with the representatives of Kosovo Judicial Council, attorneys and law, judges of the Basic Court in Prishtina and the Court of Appeals, as well as our arbitrators.

During the discussion with the insurance sector, it was pointed out that withdrawing insurance cases, as well as those of the compensation of damage from the courts, contributes into backlog reduction which is one of the priorities of the Kosovo Judicial Council policies. Furthermore, Besnik Nikqi, attorney at law pointed out the weaknesses of the court system in dealing with commercial matters, especially those of the insurance sector, and the benefits of arbitral procedure, i.e. efficiency and confidentiality of the process.

Judge Miftari emphasized the importance of arbitrating insurance cases and the efficiency of the arbitral proceedings. He stated that the Arbitration Center of the American Chamber of Commerce in Kosovo has a very well organized and efficient infrastructure of conducting arbitral proceedings and recommended it to the insurance sector.

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