Next Generation Partners

Insurance in Thailand

Baker McKenzie LLP

Praised for its ‘strong knowledge of the Thai insurance sector’, Baker McKenzie LLP advises insurers, reinsurers, insurance brokers and financial institutions on a broad range of life and general insurance matters. The team focuses on regulatory mandates and policy issues, as well as the development of new insurance and investment-linked products. The practice also stands out for its capability in M&A transactions involving leading domestic and international insurance companies. Sorachon Boonsong, who assists multinational insurers with entering into Thailand, jointly leads the team alongside Sivapong Viriyabusaya, who has experience advising on matters concerning insurance technology and regulation, in addition to related M&As.

Responsables de la pratique:

Sorachon Boonsong; Sivapong Viriyabusaya


Autres avocats clés:

Ampika Kumar


Les références

‘Always provide timely and easy to digest advice.’

‘The Baker McKenzie team are leaders in the insurance field. They understand the industry and are well-respected by the regulators.’

‘We work closely with Ampika Kumar, who provides practical and timely advice.’

Principaux clients

Muang Thai Life Assurance Public Company Limited


Liberty


Allianz Ayudhya


Thai Life Insurance


Generali


Howden Maxi


Principaux dossiers


  • Advised Muang Thai Life Assurance Public Company Limited on its renewed bancassurance arrangement with KASIKORNBANK Public Company Limited, and on its debt issuance US$400m regulatory-compliant tier-2 capital notes.
  • Assisted Starr International Insurance (Asia) Limited in its acquisition of shares in FPG Insurance (Thailand) Public Company Limited from existing shareholders, including FPG Insurance Holdings Limited and the other minority shareholders.
  • Advised Cigna corporation regarding the sale of certain Cigna international subsidiaries to Chubb Ltd.

DLA Piper

DLA Piper advises on matters concerning the development of new products, in addition to transactional work and litigation, and has experience across the full range of life and non-life insurance mandates. Praised for his ‘excellent technical knowledge’ in high-end insurance disputes, practice leader Peter Shelfordis well-connected to local and international insurers and reinsurers’. Other key contacts in the team include recently promoted partner Robert Tang, whose arbitration practice focuses on cross-border insurance claims, and legal director Yodwarat Tedkham, who ‘is well-known in the industry’.

Responsables de la pratique:

Peter Shelford


Autres avocats clés:

Robert Tang; Yodwarat Tedkham


Les références

‘Robert Tang provides detailed advice and is prompt.’

‘Strong connections with reinsurers internationally. Deep knowledge of the local and regional market. Very commercial advice and responsive.’

‘Robert Tang is a key partner in the team. He has excellent technical knowledge and is well-connected to local and international insurers and reinsurers. His understanding of the insurance business helps him give commercial advice.’

Principaux clients

Allianz Ayudhya General Insurance Pcl


Aetna Global Benefits (U.K.) Ltd


Korean Reinsurance Company (Korean Re)


FWD General Insurance


ACE Life Assurance Public Co., Ltd.


Allied World


Crawford & Company Adjusters (UK) Limited


IAG Limited


Mitsui Sumitomo Insurance Co., Ltd.


Tokio Marine


11 XL Catlin Insurance


Principaux dossiers


  • Acting as co-counsel to Korean Re in a complex quota share reinsurance treaty dispute with Thai Reinsurance PCL (Thai Re).
  • Acting for Aetna on the divestment of its non-life insurance business in Thailand.
  • Advising insurers and others following the major explosion at a chemical factory complex in Samut Prakan in July 2021.

Kennedys

Kennedys relies on the expertise of Suraphon Rittipongchusit, who handles D&O insurance matters and BBBs, as well as construction claims and property damage cases. Counting local, regional and international companies among its key roster of clients, the team handles the full range of contentious and non-contentious mandates, from coverage disputes and insurance claims to corporate and commercial matters. Ian Johnston left to Clyde & Co.

Autres avocats clés:

Suraphon Rittipongchusit


Les références

‘Kennedys have the focused knowledge required for our line of business.’

Principaux clients

Chubb Samaggi Insurance PLC


ACE INA Overseas Insurance Co., Ltd


Dhipaya Insurance Public Co. Ltd


AXIS, London


Allianz Global Corporate Solutions (Singapore)


Beazley


Tokio Marine Safety Insurance PCL


Codan


CNA Hardy


FPG Insurance (Thailand) PCL


Starr Insurance


Bangkok Insurance


Mitsui Insurance Group


AXAXL London


AXAXL Thailand


Liberty Singapore


Berkshire Hathaway Singapore


Linklaters

Linklaters’ has demonstrable experience acting for international insurers on M&As, joint ventures, corporate restructurings and regulatory compliance matters, in addition to advising domestic and international banks on the bancassurance agreements. The team is jointly led by Wilailuk Okanurak, who advises on high-value corporate transactions in the insurance sector, and Sutthipong Koohasaneh, who is noted for his expertise in insurance-related M&As and bancassurance matters. Key clients include Allianz, Citibank and AIA, among others.

Responsables de la pratique:

Wilailuk Okanurak; Sutthipong Koohasaneh


Principaux clients

AIA Company Limited


Allianz


CIMB


Charoen Pokphand Group


Citibank


Bangkok Bank


Bank of Ayudhya


Generali


Insurance Australia Group


Manulife


Muang Thai Life


The Siam Commercial Bank


Samsung


Principaux dossiers


  • Advising Allianz Ayudhya Capital PCL on its acquisition of Aetna’s health insurance and medical service businesses in Thailand.
  • Advised Citi on the sale of its five consumer banking businesses in Southeast Asia.
  • Advised Ngern Tid Lor Public Company Limited on its US$1.04bn IPO and listing of 907.4m shares and an over-allotment option of 136m shares on the Stock Exchange of Thailand.

Tilleke & Gibbins

Tilleke & Gibbins’ insurance team advises on a range of matters, from insurance authorisation and licensing to bancassurance issues and insurance coverage disputes. Pimvimol (June) Vipamaneerut leads the team alongside Eric M. Meyer, who specialises in insurance-related disputes concerning infrastructure damage, construction accidents, product liability and loss of cargo, and Noppramart Thammateeradaycho, who advises on major maritime insurance claims. The practice is also noted for its expertise in insurtech developments and implementations. Athistha Chitranukroh left the firm in October 2021.

Responsables de la pratique:

Pimvimol (June) Vipamaneerut; Eric M. Meyer; Noppramart Thammateeradaycho


Principaux clients

AEGON


AIA


AIG


Auto General


Dhipaya Insurance PCL


Marsh & McLennan Group


MSIG Insurance (Thailand) PCL


Prudential


Tokio Marine Insurance Thailand PCL


Principaux dossiers


  • Represented a Thai insurance company in proceedings issued against their insured in a case where the plaintiff alleged that the defendants, in the course of the construction of a gas pressure station caused damage to an orchid farm by way of dust, vibration, and flooding.
  • Appointed a Thai insurance company as the go-to law firm for providing coverage and settlement advice for medical malpractice claims brought against its insured in Thailand.
  • Representing a group of insurance companies as co-plaintiffs in a subrogation claim filed in the Thai courts in connection with excessive damages caused by a defective equipment.

Watson Farley & Williams (Thailand) Limited

Watson Farley & Williams (Thailand) Limited’s team is jointly led by Kay Kian Tan, who advises international insurance and reinsurance companies in tort and breach of contract claims before the civil and administrative courts, and Alan Polivnick, who operates from the firm's Sydney office. The practice works domestically and internationally, advising insurers and reinsurers on claims across various sectors, including hotel and hospitality, as well as construction and logistics. The team counts AIG, Expacare Insurance and King Wai Insurance Public Company Limited among its key roster of clients.

Responsables de la pratique:

Kay Kian Tan; Alan Polivnick


Principaux clients

Agoda Company Pte Ltd


AIG


Expacare Insurance


King Wai Insurance Public Company Limited


Priceline.com LLC


ZA Tech Global Limited


Chandler MHM Limited

Chandler MHM Limited works across the insurance sector, with a focus on insurance-related disputes and regulatory matters. Waree Shinsirikul jointly leads the team alongside Nathee Silacharoen, who has expertise in insurance litigation and arbitration. The team notably advises on contentious matters arising out of the maritime and hospitality sectors.

Responsables de la pratique:

Waree Shinsirikul; Nathee Silacharoen