Insurance
Asia-Pacific Guide 2025 : South Korea
Band 3
About
Provided by Yoon & Yang LLC
Yoon & Yang has assembled an outstanding team of experts a group of professionals capable of providing integrated solutions to the full range of legal and industry-specific challenges. This team includes Chang Hun Han and Seung Jae Yeon, who specialize in the insurance and industry-specific regulatory and compliance matters, and Chongsu Seo, who focuses on insurance contracts and litigations. In addition, the firm has strengthened its capability by growing its manpower and recruiting senior-level experts, such as, Yong Tae Kim, Jun Ik Choi, and JongKu Choi from the FSS.
In particular, Yoon & Yang distinguishes itself by providing a comprehensive range of services that go beyond the traditional scope of insurance-related legal services related to the existing insurance commercial law and insurance contract law. In addition, the firm has solidified its position as a full-service law firm that can provide one-stop services in a wide range of areas, including personal credit information laws, fair trade laws, IT regulatory laws, and other tax laws, which have recently emerged as major legal issues for insurance companies.
Chambers Review
Yoon & Yang has an established team of lawyers handling a range of insurance matters in the Korean market, including litigation and advisory matters. The team includes a number of practitioners with prior experience working for Korean financial regulatory authorities, including former Financial Supervisory Service employees. It regularly acts for financial institutions, insurers and corporate clients.
Work Highlights
- Yoon & Yang advised Hyundai Engineering & Construction on a claim seeking indemnity under Contractor's All Risks insurance for damage against the Ain Dubai Ferris Wheel, which the client had constructed.
Strengths
Provided by Chambers
"Yoon & Yang consistently provide strong service levels by actively and quickly responding to our requests and effectively solving complex problems with a proactive attitude and high expertise."
"Yoon & Yang responded quickly and demonstrated a deep understanding of our case. We were satisfied with their sincerity, response speed, commercial awareness and overall quality of legal services."
"Yoon & Yang consistently provide strong service levels by actively and quickly responding to our requests and effectively solving complex problems with a proactive attitude and high expertise."
"Yoon & Yang responded quickly and demonstrated a deep understanding of our case. We were satisfied with their sincerity, response speed, commercial awareness and overall quality of legal services."
Notable Practitioners
Chang Hun Han is highly knowledgeable and experienced in insurance industry and insurance-related legal issues. He specialises in insurance-related regulatory issues such as supervision of insurance product sales, business activities of insurance companies, and settlement of disputes.
"Chang Hun Han identifies clients' needs and suggests reasonable and efficient solutions."
"Chang Hun Han has in-depth knowledge of insurance regulation and regulatory stances based on his past experience as a regulator."
Ranked Lawyers at
Yoon & Yang LLC
South Korea
Members
Provided by Yoon & Yang LLC
Clients
Provided by Yoon & Yang LLC
AIG Insurance Company
GE Energy Korea Co., Ltd.
HYOSUNG HICO
Hanwha Life Insurance Co., Ltd.
Hyundai Engineering & Construction
KB Insurance Co., Ltd
KB Insurance Co., Ltd
Korea Development Bank
Korean Air
Kyobo Life Insurance
Lotte Insurance
Meritz Fire & Marine Insurance Co., Ltd
POSCO PLANTEC Co., Ltd
Pacific Life Re. Ltd.
Samsung Fire & Marine Insurance
Swiss Re Ltd.