Insurance

Featured Publication: Insurance and Reinsurance
Contacts
T: +66 2056 5784
T: +66 2056 5784
T: +84 8 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 top-tier insurance practice in Thailand. Our insurance services include:

Contentious Non-contentious
• Property damage and business interruption disputes
• Cross-border reinsurance disputes
• Professional indemnity and D&O claims
• Employers’, public, product, and environmental liability
• Aviation, marine, construction, and energy disputes
• Subrogated recoveries
• Local and international regulatory compliance
• Policy wording advice and localization
• Underwriting risk assessment
• Distribution and commercial agreements
• Broking issues
• Market entry and regional operations
• Restructuring, mergers, and acquisitions

Our cross-disciplinary team includes local lawyers with an intimate knowledge of domestic laws and procedures, and international consultants with experience working within global insurance companies in Asia and Europe. Aaron Le Marquer, a partner in Tilleke & Gibbins' dispute resolution group, advises insurers and reinsurers in complex coverage matters and has particular expertise in multijurisdictional reinsurance disputes. Aaron 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 the firm’s corporate and commercial group. Prior to joining Tilleke & Gibbins, Athistha was General Counsel at AIG, where she oversaw all operations within the legal department in Thailand.

Our recent achievements include:

  • 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.

  • Advising a multinational insurer on coverage and liability issues in relation to a SEC regulatory investigation of a listed mutual fund and subsequent allegations of liability.

  • 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 product liability claims brought in Thailand against its insured in respect of allegedly defective airbags.

  • 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 Thai floods.

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

  • Advised international brokers on the establishment and licensing of operations in Thailand, Vietnam, Cambodia, and Myanmar.

  • Assisted a large insurer on its corporate restructuring and acquisition project in Thailand.

  • Advised a global broker on its group corporate restructuring in Thailand and its market entry in Myanmar.

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

  • Advised international reinsurers on the defense and coverage of catastrophic personal injury claims against hospitality operators.

  • Provided advice to an international insurer on the localization of various commercial policy wordings in Thailand and Vietnam.

  • Represented local and international insurers on subrogated recoveries in respect of claims paid under Industrial All Risks, fidelity, and professional indemnity policies.

  • Assisting a global insurer to obtain regulatory approval of new and innovative financial lines policy wordings.

  • Advised international reinsurers on coverage issues arising out of medical malpractice claims in Thailand and Vietnam.

  • 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.

  • Represented international insurers and P&I Clubs in a wide variety of aviation and marine cargo and hull claims.

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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
April 12, 2017

Tilleke & Gibbins Named ALB Employer of Choice 2017

For the fifth year in a row, Tilleke & Gibbins has been named “Employer of Choice” in Thailand in a survey conducted by Asian Legal Business.

The rankings were determined...

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April 12, 2017

ALB Southeast Asia Law Awards 2017: Tilleke & Gibbins Earns Nominations in Four Categories

Tilleke & Gibbins has been nominated for two national categories and two regional categories in the Asian Legal Business  Southeast Asia Law Awards 2017. This year’s winners will...

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February 23, 2017

Cyber Risks and Security: Panel Discussion at Asia Insurance Brokers’ Summit

Athistha (Nop) Chitranukroh

Athistha (Nop) Chitranukroh, of counsel in Tilleke & Gibbins’ corporate and commercial group, will join the 5th Asia Insurance Brokers’ Summit to provide her legal insights in a special panel...

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February 15, 2017

Boardroom Briefing on Product Liability in the F&B Sector

John Frangos, Athistha (Nop) Chitranukroh

On February 22, Marsh, a global leader in insurance brokerage and risk management, and Tilleke & Gibbins will host a boardroom briefing to discuss product liability risks in the food and...

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February 1, 2017

Chambers Asia-Pacific Awards 2017: Tilleke & Gibbins Top Contender for Thailand Law Firm of the Year Award

Darani Vachanavuttivong, Tiziana Sucharitkul

Tilleke & Gibbins has been nominated for the Thailand Law Firm of the Year Award 2017 by Chambers Asia-Pacific. The firm has been nominated for the award six times since 2010, and was...

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Datesort icon Title
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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June 2, 2016

Thailand – New Risk Management Regulations for Insurance Companies

Athistha (Nop) Chitranukroh

The Office of Insurance Commission (OIC) has released draft Notifications—applicable to both life and non-life insurance companies—which introduce provisions on internal risk management in...

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