As part of our non-contentious legal portfolio, our firm recently had the privilege of providing academic and strategic advice to a prominent insurance company in the Caribbean region on, inter alia, the intricate matters of jurisdiction clauses and conflicting jurisdiction clauses contained in a Policy of Insurance.
Jurisdiction clauses are critical components of any contractual agreement, defining the legal forum and framework within which disputes may be resolved, and this is especially so in the insurance industry. In this regard, conflicting jurisdiction clauses can pose significant challenges and uncertainies for all parties involved in an agreement.
Our firm was privileged to canvass these issues, providing important guidance inuring to the benefit of insurers and insured / assured alike.