Assisting our clients to identify and mitigate risk, and unlock opportunities.

Thailand’s highly regulated insurance sector has seen positive developments in recent years, with the relaxation of certain restrictions on foreign investment in the industry, and the launch of emerging technology initiatives by the sector’s regulator, the Office of the Insurance Commission (OIC).

Initiatives include the establishment of the Center of InsurTech Thailand (CIT) and the Insurance Regulatory Sandbox, a technological exchange for insurance product development where traditional insurance companies and tech startups can collaborate and test emerging sector technologies, products and support services in a supervised environment.

Siam Premier’s insurance lawyers have strong local sector knowledge and are aware of the current global trends driving the industry. We regularly act for global and major local general insurers and reinsurers, life insurers, brokers and agents on a broad range of non-contentious and contentious insurance and reinsurance matters in Thailand.

We have extensive experience in advising global insurers on Thai market entry and exit, and in relation to complex insurance mergers, acquisitions and corporate restructurings.

We have developed excellent working relationships with the OIC, and we regularly liaise with the OIC on behalf our clients regarding approval for new insurance products and in relation to general regulatory matters and mergers and acquisitions.

Our insurance sector services include advising on:

  • Bancassurance
  • Broker and insurance agent arrangements
  • Corporate structuring and restructuring
  • Distribution channels 
  • E-insurance
  • Insurance claims and coverage advice
  • Insurance and reinsurance litigation and dispute resolution
  • Localization of insurance policies
  • Market entry and exit
  • Mergers and acquisitions
  • Regulatory and compliance
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