The Chartered Institute of Arbitrators (CIArb) is a special club for grown-ups who are really good at solving problems. When people have a problem, they go to court and a judge makes a decision. But sometimes, people don’t want to go to court because it takes a really long time and costs lots of money.
So instead, they can go to an arbitrator, who is like a special judge that the people pick themselves. The arbitrator listens to both sides of the problem and then makes a decision that everyone has to follow. This is called arbitration.
Now, the Chartered Institute of Arbitrators is a group of people who are really good at being arbitrators. They have studied a lot and gotten really good at solving problems. They have a special certificate that shows they are really good at it, like getting a gold star in class.
If someone has a big problem that they need to solve, they might want to find a member of the Chartered Institute of Arbitrators to help them because they know they are really good at it. It’s like going to a doctor when you’re sick.