Kim & Chang is a popular choice for insurance, reinsurance and brokerage companies in Korea, and is equipped to advise on regulatory and licensing matters, litigation, as well as acquisitions and restructurings. With strong credentials in transactional and regulatory matters, Jay Ahn leads the team, acting in mergers and acquisitions, restructuring and license applications. Jae Ho Baek is reputed for the depth of his expertise in insurance matters, including the establishment of insurance branches and brokerages. Hyun Wook Shin’s wide-ranging practice encompasses license applications, establishment of insurance companies, and regulatory compliance.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
‘The team has strong networking, which spreads to any kind of experts. It makes this team different to other firms.’
‘Mr. Hyun Wook Shin is very experienced in the insurance industry.’
Key clients
- Samsung Life Insurance Co., Ltd.
- Samsung Fire & Marine Insurance Co., Ltd.
- Hyundai Marine and Fire Insurance Co., Ltd.
- AIA Life Insurance Co., Ltd.
- LINA Life Insurance Company of Korea
- ACE American Fire Marine Insurance Co., Ltd. Korea Branch
- KB Insurance Co., Ltd.
- Korean Reinsurance Company
- KB Life Insurance
- Lotte Insurance Co., Ltd.
Work highlights
Advised a foreign reinsurer on the negotiation and execution of a co-insurance agreement.
Conducted litigation on behalf of a client concerning the eligibility of an insurance claim under the policy terms.
Advised on a new insurance business license application for Starr Insurance International.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Jay Ahn
Other key lawyers
Jae Ho Baek; Hyun Wook Shin