Insurance

Featured Publication: Insurance and Reinsurance
Contacts
T: +66 2056 5784
T: +66 2056 5784
T: +84 28 3936 2061
T: +66 2056 5784

T: +66 2056 5784
T: +66 2056 5784

Tilleke & Gibbins offers a leading regional practice in insurance and reinsurance law across Southeast Asia. Our team is unique in being led by local and international practitioners with substantial insurance industry experience and credentials. Through our regular representation of many of the world's largest insurers and reinsurers, our achievements in this area have been recognized by Chambers Asia-Pacific, which ranks Tilleke & Gibbins as a leading insurance practice in Thailand, and by AsiaLaw Profiles, which ranks our firm’s insurance practice as “outstanding.” Our insurance services include:

Contentious Non-contentious
• Property, casualty, and financial lines coverage disputes
• Reinsurance litigation and arbitration
• Professional indemnity and D&O defense
• Employer, public, product, and environmental liability
• Aviation, marine, construction, and energy disputes
• Subrogated recoveries
• Mergers, acquisitions, and corporate restructurings
• Online distribution, bancassurance, and broking activities
• Market entry and regional operations
• Regulatory compliance
• Policy wording advice and localization
• Underwriting risk assessment

Our cross-disciplinary team includes local lawyers with an intimate knowledge of domestic laws and procedures, and international practitioners with experience working within global insurance companies in Asia and Europe. Aaron Le Marquer, a partner in Tilleke & Gibbins' dispute resolution group, represents insurers and reinsurers in complex coverage disputes across all lines of business, and cross border reinsurance disputes, as well as acting as defense counsel in financial lines, product liability, and other casualty claims. Aaron is qualified as a solicitor in England and Wales, and previously served as Assistant General Counsel for AIG Asia-Pacific in Singapore. Our team for non-contentious insurance work is led by Athistha (Nop) Chitranukroh, of counsel in our firm’s corporate and commercial group. Prior to joining Tilleke & Gibbins, Athistha was General Counsel at AIG Thailand, where she oversaw all legal and compliance operations.

Our recent achievements include:

  • Defending a multinational insurer in a coverage dispute arising from a Securities and Exchange Commission investigation of a listed mutual fund and subsequent allegations of liability.

  • Representing international reinsurers in a USD 6 million reinsurance arbitration brought by a local Thai cedant in respect of outstanding losses from the 2011 floods in Thailand.

  • Advising a German insurer on aspects of Thai law related to an automotive product liability claim brought against an insured manufacturer in Germany.

  • Representing international reinsurers in respect of USD 150 million coverage litigation arising out of property damage incurred during the 2010 Bangkok civil unrest.

  • Appointed by a Japanese insurer to defend against product liability claims for allegedly defective airbags brought against its insured in Thailand.

  • Acted for numerous insurers and reinsurers in the defense and settlement of property damage and business interruption claims, valued at over USD 700 million, arising from the 2011 floods in Thailand.

  • Represented international reinsurers in respect of the defense and settlement of a USD 184 million coverage dispute arising from an offshore gas pipeline incident.

  • Defended a global insurance broker against allegations of professional negligence in failing to procure adequate insurance coverage for the operations of a large Thai manufacturing conglomerate.

  • Advised a global specialty insurer on the defense and settlement of medical device and clinical trial liability claims.

  • Advised a number of international brokers on establishment, JV arrangements, and licensing of operations in Cambodia, Myanmar, Thailand, and Vietnam.

  • Assisted a multinational American-based insurance corporation on its organizational restructuring and asset acquisition project, valued at THB 3 billion, in Thailand.

  • Advised the Thai subsidiary of a global broker on partnership structures with local and overseas business partners and its insurance-related advisory services in a number of Southeast Asian countries. Provided insurance regulatory advice on the client's commercial arrangements for credit facility business transactions with entities in Myanmar and Singapore.

  • Assisted a British insurance broker in setting up its online insurance products website aggregator in Thailand, including advising on business arrangement structures with the top ten leading motor insurers in the Thai market.

  • Advised a Japanese-based insurance company on the rollout of their new insurance products through both online and traditional distribution channels. Provided legal analysis for end-to-end distribution transactions, as well as associated insurance regulations, electronic transaction laws, online business operator laws, computer crime laws, and anti-money laundering regulations.

  • Advised client on structuring a partnership with one of the biggest e-commerce companies in the Southeast Asian region for exclusive distribution of extended -warranty products for online customers in Thailand.

  • Advised one of the largest property and casualty insurers on a facultative reinsurance placement for a USD 870 million hydroelectric energy project involving parties from Thailand and Laos.

  • Assisted an international insurer on data privacy and outsourcing regulatory requirements to establish a regional data center in Southeast Asia.

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Name Position Office

Sarawut Khongman

T:+66 2056 5803

E-mail

Associate
Bangkok

Ukrit Petpichetchian

T:+66 2056 5786

E-mail

Associate
Bangkok

David Duncan

T:+66 2056 5538

E-mail

Consultant
Bangkok

David Mol

T:+855 23 964 210

E-mail

Consultant
Phnom Penh
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Datesort icon Title
June 19, 2017

Panel on Insuring Flood Risk in Asia at the 15th Conference on Catastrophe Insurance in Asia

Aaron Le Marquer

Aaron Le Marquer, a partner in Tilleke & Gibbins’ dispute resolution group who leads the firm’s regional contentious insurance practice, has been invited to join a panel on “Insuring Flood...

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June 16, 2017

Marsh and Tilleke & Gibbins: Seminar on Company Directors' Liabilities

Aaron Le Marquer, Athistha (Nop) Chitranukroh

In an environment of increasingly onerous corporate compliance and regulation, directors and officers of companies are more exposed to litigation and regulatory action than ever before. The cost...

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June 12, 2017

Insurtech Asia Appoints Athistha Chitranukroh to Advisory Board

Athistha (Nop) Chitranukroh

Athistha (Nop) Chitranukroh, of counsel in the Tilleke & Gibbins corporate and commercial group and head of the firm’s non-contentious insurance practice, has recently been named as an...

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May 23, 2017

Who’s Who Legal Recognizes Tilleke & Gibbins with 2017 Country Award for Thailand

Tiziana Sucharitkul, Darani Vachanavuttivong

Tilleke & Gibbins has won the 2017 Who’s Who Legal Country Award for Thailand at a ceremony that took place at Plaisterers’ Hall in London on May 15. This is the second year that the Thailand...

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May 2, 2017

Who’s Who Legal Insurance & Reinsurance 2017 Recognizes Aaron Le Marquer as Leading Practitioner

Aaron Le Marquer

Aaron Le Marquer, a Tilleke & Gibbins partner who leads the firm’s regional insurance practice, has been named as a preeminent expert in insurance and reinsurance law in the 14th edition of...

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Datesort icon Title
January 19, 2017

Thailand: Relaxation on Foreign Shareholding Limits for Insurance Companies

Athistha (Nop) Chitranukroh

The Ministry of Finance has issued two separate Notifications, published yesterday, with immediate effect, in the Government Gazette, that will relax the foreign shareholding and board...

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December 1, 2016

Thailand: Office of Insurance Commission Approves Draft Notifications on e-Insurance

Athistha (Nop) Chitranukroh

On November 29, the Office of Insurance Commission (OIC) in Thailand announced that it had approved, in principle, draft notifications that set out the criteria, procedures, and conditions for the...

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September 2, 2016

Regulation of Unit-Linked Life Insurance in Thailand

Kitti Thaisomboon

Many people are approached by “investment consultants” selling various investment products and/or life insurance. One of the products they commonly offer is life insurance that is written to pay a...

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August 10, 2016

Vietnam: Key Changes to Reinsurance Business

Vinh Quoc Nguyen

On July 1, 2016, the Vietnam government enacted with immediate effect Decree No. 73/2016/ND-CP guiding the Law on Insurance Business 2000, as amended in 2010 (Decree 73). Decree 73 replaces Decree...

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June 24, 2016

Technology and Disruption: Preparing for Change in Thailand’s Insurance Industry

Athistha (Nop) Chitranukroh

Technological advancements are leading to innovation and disruption across a range of industries, and insurance is no exception. Self-driving cars, for example, may one day cause insurance risk to...

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