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FIDReC and its role in Singapore’s Insurance Industry
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FIDReC and its role in Singapore’s Insurance Industry

Coverage dispute and market conduct complaints inevitably arise from time to time between insurers and their stakeholders., and oftentimes, resolution in court is undesirable because of the expense and emotional toll involved.

FIDReC provides a more efficient and amicable way of resolving these everyday disputes. In this article, Eunice Chua and Kenneth Har (FIDReC) provide a step-by-step breakdown of their two dispute resolution schemes and explain how the FIDReC managers and adjudicators can help parties find mutually-beneficial solutions.

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