Comparative Guide
Capital Markets
South Korea
Tae-Yong Seo, Kevin (Woo Hyuk) Choi & Yong Jin Park
‘Composed of experts with a deep understanding of insurance’, Shin & Kim has an active regulatory defence practice, regularly advising insurers during FSS inspections, and also maintains a strong practice in insurance disputes. At the helm of the practice, So Youn Kim frequently represents clients in litigation relating to financial regulation, insurance and bankruptcy, while Hankyung Yu is sought out for representation in litigation and advice on contractors’ all-risk insurance, package insurance and machinery insurance.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
‘The special strengths of this team lie in their differentiated expertise, excellent communication skills, and keen insight into accurately identifying clients’ needs.’
- ‘The team is composed of experts with a deep understanding of insurance, and when issues arise in specific fields, they collaborate with other specialists to identify key issues and provide prompt and accurate responses.’
‘The individuals who have provided advisory services to our company possess not only deep expertise in their respective fields, but also the ability to quickly identify key issues in the insurance industry through their extensive networks and active external engagements.’
- ‘They do not rely solely on legal knowledge; instead, they take a comprehensive approach that incorporates practical, real-world perspectives to derive the most reasonable and feasible alternatives for any given situation. This is what sets their advice apart from others and is the main reason our company trusts and is highly satisfied with their services.’
- ‘In particular, Partner Kim So Youn Kim stands out for exceptional communication and collaboration skills, as well as a strong sense of initiative and responsibility. When assigned a specific task, Partner Kim So-Yeon demonstrates outstanding ability by quickly bringing together the right experts within the firm, efficiently planning, managing, and operating projects to deliver the best possible results.’
‘Shin & Kim Insurance team offers quick understanding of the problem and appropriate countermeasures.’
‘So Youn Kim has extensive experience in the insurance industry and understands the direction of government policy. ’
Key clients
- KB Insurance Co., Ltd.
- Meritz Fire & Marine Insurance Co., Ltd
- Samsung Life Insurance
- Samsung Fire & Marine Insurance Co. Ltd.
- Hyundai Marine & Fire Insurance Co, Ltd
- DB Insurance Co., Ltd.
- KDB Life Insurance Co., Ltd.
- General Insurance Association of Korea
- Seoul Guarantee Insurance (SGI)
- Korea Trade Insurance Corporation
- Lotte Insurance Co., Ltd.
- Mirae Asset Life Insurance Co., Ltd.
- Korean Reinsurance Company
- BNP Paribas Cardif Life Insurance
- Wooribank
- Kyobo Life Insurance
- ABL Life Insurance
- Perigee Aerospace
- Hanwha Life Insurance
- Chubb Life Insurance
Work highlights
Represented KB Insurance Co and Construction Guarantee Cooperative in an all risks insurance claim.
Advised General Insurance Association of Korea regarding the application of sentencing guidelines for insurance fraud.
Advised Heungkuk Life Insurance, Heungkuk Fire & Marine Insurance and IBK Insurance on the preparation of the Responsibility Map.
Practice head
So Youn Kim
Other key lawyers
Hankyung Yu