Third-Party Expert Review & Arbitration
FireLab Pyrénées™ acts as an independent third-party expert to settle technical disagreements between the Insurer’s Expert and the Policyholder’s Expert over an "Explosion & Fire" loss.
Resolving a disagreement without having to go to court.
When two experts appointed by different insurance companies and mutual insurers reach diverging conclusions on the Causes and Circumstances of an "Explosion & Fire" loss, the parties may appoint a third-party expert tasked with settling the matter so that a settlement agreement can be drawn up between the parties. FireLab Pyrénées™ acts as an independent third-party expert specialising in "Explosion & Fire", in accordance with the "NFPA 921" methodology.
FireLab Pyrénées™, appointed as third-party expert, takes over the technical analysis of the case file, examines the points of disagreement and delivers its conclusions on the fire origin and cause investigation of Explosions & Fires, which are binding on the parties under the terms set out in the agreement.
An amicable resolution, faster and less costly than litigation. If the disagreement persists after the Third-Party Expert Review, the parties retain the option of bringing the matter before a Court. FireLab Pyrénées™ supports its clients at every stage — from amicable arbitration through to judicial expert proceedings if necessary.
From appointment to settlement agreement.
Third-Party Expert Review Agreement
Formalisation of the mandate between the parties. Precise definition of the points of disagreement submitted to FireLab Pyrénées™ for arbitration.
Examination of the case file
Reading of the reports of the two appointed experts. Point-by-point identification of the technical divergences.
Additional investigations
New visit to the loss scene if the physical evidence is still accessible. Recording of the Combustion Traces and Fire Effects - TCEF if necessary.
Third-Party Expert Review Report & settlement agreement
A document that addresses the disagreements point by point and rules on them technically, in accordance with the "NFPA 921" methodology. The conclusions are binding on the parties.
Third-Party Expert Review & Arbitration for "Explosion & Fire" losses in practice.
When should you turn to a Third-Party Expert Review & Arbitration?
When two experts appointed by different insurance companies or mutual insurers cannot reach agreement on the Causes and Circumstances of an "Explosion & Fire" loss. Third-Party Expert Review & Arbitration is an alternative to interim court proceedings, chosen voluntarily by both parties. FireLab Pyrénées™ acts as a specialised third-party expert.
How is the third-party expert appointed?
The third-party expert is appointed by mutual agreement between the two parties involved. It is a joint choice — the two insurance companies or mutual insurers commit together to this amicable resolution process. FireLab Pyrénées™ can be appointed as a third-party expert specialising in "Explosion & Fire".
Are the third-party expert’s conclusions binding on the parties?
The third-party expert’s conclusions are binding on the parties under the terms set out in the settlement agreement signed beforehand. This is the commitment made by both parties — a definitive, amicable resolution of the technical disagreement.
Need a Third-Party Expert Review for an "Explosion & Fire" loss?
Contact FireLab Pyrénées™ for an independent expert review.
or call us directly on +33 6 51 939 773
