Regulation Amending The Regulation On Insurance Arbitration Has Been Published

The Regulation Amending the Regulation on Insurance Arbitration ("Regulation") entered into force following its publication in the Official Gazette dated 07 June 2023 and numbered 32214. Separate and aside from the additions made to the definitions article and the expanded duties of the Presidency of the Commission especially regarding the expert lists, the Regulation introduced specific arrangements regarding the working procedures of reporters and objection authorities and the experience requirement sought for insurance arbitrators.

On the other hand, the Regulation introduced a provision allowing electronic applications for insurance arbitration system through the online platform of the Insurance Arbitration Commission ("Commission"). In this context, while applications for arbitration could be made to the head office of the Commission, the office where the applicant resides, or where the risk occurred, the new Regulation clearly states that applications can also