About

Provided by Yoon & Yang LLC

The insurance team of Yoon & Yang LLC is leading the insurance market by providing proactive and specialized legal services to meet the clients’ various needs. In the wake of financial supervisory authorities’ tightened regulations on the insurance industry, there is an increasing need for legal experts with specialty in insurance-related laws and extensive experience in contractual structures of insurance products. Against this backdrop, the insurance team of Yoon & Yang, which is led by the lawyers having excellent knowledge and know-how in insurance laws, insurance terms, and insurance products, provides its clients with legal services in a timely manner, including (i) responding to financial supervisory authorities’ audit on insurance companies; (ii) handling various license/approval and registration/reporting procedures under insurance-related laws and making propositions for authoritative interpretation or amendment of applicable laws for the insurance industry; and (iii) advising insurance companies on prevention of disputes and strategies for potential risks of litigation in such companies’ M&A, joint-venture, and foreign investment deals. Further, Yoon & Yang LLC has represented insurance companies in various lawsuits and disputes and continued to produce successful results for them.


Chambers Review

Provided by Chambers
Insurance - South Korea
3
Band 3
What the team is known for

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. Its key clients include Samsung Life Insurance, AIG Korea and Insurance Association of Korea.   

Notable practitioners

Head of department Jang Hwang Lim is a key point of contact.

Work Highlights

Provided by Yoon & Yang LLC
  • Yoon & Yang assisted FITPET, a pet platform company seeking to engage in the insurance market, with the establishment and obtaining approval for its insurance business.

Members

Provided by Yoon & Yang LLC

Chang Hun Han

Head of Department

Hwanglim Jang

Myung Soo Lee

Seung Jae Yeon

Clients

Provided by Yoon & Yang LLC

AIG Korea

DB INSURANCE

FITPET

Hanwha General Insurance

Hanwha Life Financial Services

Hanwha Life Insurance

KB Insurance

NongHyup Life Insurance

NongHyup Property & Casualty Insurance

Samsung Fire & Marine Insurance

Samsung Life Insurance

Tong Yang Life Insurance Company