Businessman’s attempt to litigate insurance claim thwarted by binding arbitration agreement

High Court refuses a businessman's application to litigate a €30 million insurance claim dispute, enforcing the arbitration agreement contained within his home insurance policy, on the grounds that the arbitration clause was not an unfair term under consumer legislation, as the businessman had argued, and consequently, the dispute will be resolved through arbitration rather than litigation, upholding the original agreement between the businessman and the insurance provider.