Firms To Watch: Insurance

Chandler MHM Limited focuses on disputes related to insurance claims, particularly in the maritime sector, as well as regulatory issues. Waree Shinsirikul, who recently joined the firm in January 2021 from a private practice, leads the group alongside Nathee Silacharoen, who specialises in dispute resolution.

Insurance in Thailand

Baker McKenzie LLP

Baker McKenzie LLP acts for insurers, reinsurers, insurance brokers and financial institutions on a range of domestic and cross-border insurance matters. Praised as ‘absolute experts in its field of work’, the team is also well-placed to assist with general liability and financial institutions coverage disputes. Practice co-leader Sorachon Boonsong has considerable experience in advising multinational clients on a spectrum of insurance matters, such as assisting insurers with entering into or expanding in Thailand. Practice co-leader Sivapong Viriyabusaya focuses on insurance M&A, as well as regulatory work. Ampika Kumar advises clients on business integrations in the insurance sector and Amnart Pitakgorn handles regulatory work in this space.

Other key lawyers:

Ampika KumarAmnart Pitakgorn

Testimonials

‘Absolute experts in their field of work, proactively propose ideas to clients and always available for urgent requests.’

Capable of handling a variety of requests/assignments‘.

Key clients

Tokio Marine Insurance Group

FWD Group

King Wai Group

AIG

The Office of Insurance Commission

Work highlights

  • Assisted FWD Group to integrate its life insurance operations in Thailand by way of amalgamation of FWD Life Insurance Public Company Limited and SCB Life Assurance Public Company Limited.
  • Assisted AIG Group in its reorganiaation process to integrate businesses in Thailand, i.e. New Hampshire Insurance Company, Thailand Branch (NHIT) transferred its entire businesses to AIG Insurance (Thailand) Public Company Limited (AIGT).
  • Assisted King Wai Group in the purchase of 99.61% shares in Manulife Insurance Thailand Public Company Limited and 48.86 % in Manulife Asset Management (Thailand) Company Limited.

DLA Piper

DLA Piper acts for insurers, reinsurers and brokers in Thailand and across Southeast Asia in insurance claims disputes, M&A transactions and regulatory matters. Thailand and co-insurance sector head Peter Shelford is well-known in the Thai insurance market and represents insurers and reinsurers, as well as major corporations, in insurance-related disputes. Legal director Yodwarat Tedkham handles contentious insurance matters, including maritime insurance disputes and reinsurance cases, while of counsel Robert Tang acts for clients across the Asia Pacific in non-marine insurance and reinsurance disputes.

Practice head(s):

Peter Shelford

Other key lawyers:

Yodwarat TedkhamRobert Tang

Testimonials

‘The team has considerable knowledge on general insurance coverage matters.’

Key clients

Korean Reinsurance Company

Chubb/Chubb Samaggi Thailand

Generali Group

FWD General Insurance

Aetna Inc.

ACE Life Assurance Public Co., Ltd.

AIG

Allianz C.P. General Insurance Co., Ltd.

Allied World

AON

Crawford & Company Adjusters (UK) Limited

Deves Insurance PCL

Golden Arches Insurance DAC

IAG Limited

Mitsui Sumitomo Insurance Co., Ltd.

Sumitomo Life Insurance Company

Sompo Japan Insurance (Thailand) Co.

Tokio Marine

XL Catlin Insurance

Work highlights

  • Acting as co-counsel for Korean Re on a complex quota share reinsurance treaty dispute with Thai Reinsurance PCL (Thai Re).
  • Representing an insurer and its reinsurers in a policy coverage dispute with Don Muang Tollway PCL.

Watson Farley & Williams (Thailand) Limited

Watson Farley & Williams (Thailand) Limited acts for Thai and international insurers, reinsurers and brokers on a broad range of insurance matters, notably in the energy, aviation and maritime sectors. Practice co-lead Alan Polivnick advises on insurance claims and represents insurers and reinsurers in litigations and arbitrations, as well as handling non-contentious and regulatory matters. Kay Kian Tan, who jointly heads up the practice alongside Polivnick, is noted for his expertise in dispute resolution and represents international insurers in Thai court claims, including the civil and administrative courts.

Practice head(s):

Alan Polivnick; Kay Kian Tan

Testimonials

‘Alan Polivnick assists on various insurance contract disputes and gives his legal opinion promptly, in clear language and offers a balanced view.’

Alan Polivnick provides excellent advice, commercially aware, reasonable costs and thorough engagement.’

Key clients

Agoda Company Pte Ltd

AIG Insurance Public Company Limited

Priceline.com LLC

The Falcon Insurance Public Company Limited

Kennedys

Kennedys is noted for its expertise in the insurance and reinsurance space and advises clients on a broad range of contentious and non-contentious matters relating to coverage disputes, claims, corporate and regulatory work. The team acts for local, regional and multinational companies on insurance mandates across Asia and the Middle East. Suraphon Rittipongchusit, who jointly heads up the practice alongside Ian Johnston, has experience in representing Thai and international insurers in complex disputes. Johnston advises insurers and reinsurers on policy coverage matters and liability matters for hospitals, as well as representing international corporations in commercial arbitrations.

Testimonials

‘The team is well versed in various lines of business with legal knowledge of the Thai law and jurisdiction, as well as the common international jurisdictions that we see in insurance contracts.’

‘Ian Johnston has always been and continues to be approachable, knowledgeable, realistic and will offer honest advice. With his background in the Asia region, he is well connected with the knowledge of various industry sectors.’

Key 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

Tilleke & Gibbins

The insurance practice at Tilleke & Gibbins acts for domestic and international insurers and reinsurers in a range of contentious and non-contentious matters, from insurance claims and disputes to insurtech implementations, an area in which the practice is particularly noted for its expertise. The team is led by Athistha Chitranukroh, who is praised for having ‘deep knowledge of the insurance industry’ and has experience in handling insurtech matters. Noppramart Thammateeradaycho and Eric Meyer are also key contacts and assist insurers and reinsurers in disputes.

Practice head(s):

Athistha Chitranukroh

Testimonials

‘Ms. Athistha (Nop) Chitranukroh is the lead partner and has been very responsive, with deep knowledge of the insurance industry. She also acts as the focal point for our contact with local parties, including the regulator.’

Noppramart Thammateeradaycho is probably the leading local Thai lawyer in the insurance field and the point of contact for T&G advice for other jurisdictions in which they have a presence such as Myanmar. While there are lawyers doing insurance work at other, mainly international, firms in Thailand, none of them are qualified to advise on local law with the same level of expertise as Nop.

Key clients

AEGON

AIA

AIG

Auto General

Dhipaya Insurance

Marsh & McLennan Group

MSIG

Prudential

Thai Life Assurance Association and the Thai General Insurance Association

Tokio Marine Life

Work highlights

  • Provided global insurance companies with PDPA Readiness & Gap Analysis Programs to prepare clients for compliance with Thailand’s new PDPA.
  • Acting as the preferred Indochina regional counsel for the broking and risk management (Marsh) and risk and reinsurance intermediary (Guy Carpenter) arms of the Marsh & McLennan Group, advising on a full range of legal matters in Southeast Asia.
  • Retained to advise AIG Group in Thailand on a full range of contentious and non-contentious matters related to their business operations in Thailand.