Lee & Ko’s Insurance & Reinsurance Practice Group has a solid reputation for consistently providing top tier legal services in three main areas of practice including regulatory compliance, dispute resolution, and transactional matters for local and foreign clients throughout the world.
Lee & Ko has advised a notable Korean life insurer on its defence against monetary sanctions imposed by the Financial Supervisory Service that has received considerable press attention. In regards to dispute resolution matters, it is currently representing a leading Korean construction company on its potential insurance claim dispute against a major Korean non-life insurer over property damage arising from explosion of ESS equipment. Recent noteworthy transactional matters of Lee & Ko include, without limitation, acquisition by the largest broker worldwide of a UK-based competitor with a global transaction value of USD 5.6 billion.
From top to bottom, the Insurance & Reinsurance Practice Group is comprised of a diverse group of professionals including Korean and foreign attorneys, senior advisors, accountants and consultants with former officials from the Financial Services Commission, Financial Supervisory Service, the National Tax Service as well as other governmental bodies. It has the specialist insurance knowledge clients would expect of a market leading insurance team, coupled with a well-rounded view of the sector to provide clients with commercial advice in the most efficient manner.
