Insurance: local firms in Singapore

Rajah & Tann Singapore LLP

Rajah & Tann Singapore LLP has great bench strength in the insurance advisory and disputes space, with specialist knowledge in insurtech and fintech. It also handles employment and insurance intermediary issues and has notable expertise in the insurance regulatory space. Simon Goh's practice spans contentious and non-contentious insurance and reinsurance; he is particularly noted for his expertise in restructuring, acquisitions of insurance companies and the sale and transfer of (re)insurance businesses. Elaine Tay advises insurers and brokers on licensing, restructuring, transfers and compliance issues. She is also an experienced advocate for insurers and clients in the energy and construction sectors.

Practice head(s):

Simon Goh

Other key lawyers:

Elaine Tay

Key clients

Insurance Australia Group Limited (“IAG”)

KIB Insurance Brokers (S) Pte Ltd

Professional Investment Advisory Services Pte Ltd

Prudential Assurance Company Singapore (Pte) Limited

United Overseas Insurance Limited

AXA Insurance Pte Ltd

MetLife Innovation Centre Pte Ltd

Swiss Reinsurance Limited

Work highlights

  • Advised Insurance Australia Group on the first insurance-linked securities transaction in Singapore via the issuance of a AU$75m Rule 4(2) catastrophe bond by Orchard ILS Pte Ltd.
  • Assisted the World Bank with the legal structure for the South-East Asia Disaster Risk Insurance Facility, Asia’s first disaster risk insurance program covering the nations within ASEAN.
  • Advised MetLife on the development of its experimental insuretech product, “Vitana”, the world’s first automated insurance product utilising blockchain technology.
  • Defending United Overseas Insurance, liability insurers of Veolia ES Singapore Industrial, in the High Court of Singapore, against a claim filed by Scantruck Engineering for fire, soot and water damage following a major industrial explosion at Veolia’s plant in Tuas, Singapore in late 2013.  

Dentons Rodyk & Davidson LLP

Dentons Rodyk & Davidson LLP primarily advises clients in the construction, aviation, marine, medical and public service sectors on contentious insurance matters. Edric Pan has a varied caseload, representing clients in relation to insured losses, business interruption, professional negligence, property damage, personal injury and aviation disaster claims. Christopher Chong is noted for his niche specialism in the medical indemnity insurance space.

Practice head(s):

Edric Pan

Other key lawyers:

Christopher Chong

Testimonials

The team is friendly and approachable and always revert in a timely manner.’

‘The team values the relationship with the client and is always able and ready to offer a hand whether it is legal advice, training sessions and sharing its experience and insight.

Key clients

NTUC Income Insurance Co-operative Limited

Work highlights

  • Defending the medical practitioners, NTUC Income Insurance Co-operative, in a damages claim brought by the family of a deceased patient, following a medical procedure.
  • Advising Liberty Insurance on policy coverage and the applicability of exclusions in a public liability policy.