Insurance
About
Whether you are an insurer managing a complex claim, a policyholder in dispute over coverage, or a financial institution navigating regulatory obligations, we are well placed to advise and represent you across the full range of insurance matters.
Our insurance practice covers both marine and non-marine lines, acting for hull and machinery insurers, P&I Clubs, cargo underwriters, war risk insurers, reinsurers, shipowners, charterers, corporate policyholders and financial institutions. We bring the same commercial rigour and sector expertise to every matter, whether it involves a straightforward cargo claim or a high-value, multi-jurisdictional coverage dispute.
On the marine side, we advise on the full range of marine insurance matters, from pre-placement policy advice and coverage analysis through to claims handling, subrogated recoveries and contested coverage disputes in court and arbitration. Our experience spans hull and machinery claims arising from marine casualties including total and constructive total loss situations, collisions, groundings and shipboard fires. We also advise on P&I coverage matters, cargo insurance claims, war and sanctions exclusions, held covered clauses, and the interaction between sanctions regimes and marine insurance obligations.
Beyond marine lines, we advise corporate policyholders, insurers and reinsurers on non-marine coverage disputes and policy interpretation across general commercial lines. This includes financial lines matters involving professional indemnity, directors and officers liability, and financial institution coverage. We also advise insurers on regulatory and compliance matters under the Insurance Act 1966 and the oversight of the Monetary Authority of Singapore.
Where AML and regulatory compliance is a concern, our team draws on direct experience advising the MAS and law enforcement agencies on anti-money laundering and countering the financing of terrorism matters, giving us a practical understanding of the regulatory environment that insurers and financial institutions operate in. Through our association with DAC Beachcroft, we are also able to offer clients access to a broader non-marine insurance practice with deep expertise across all lines of business.
We can assist you with:
- Marine hull and machinery claims including total and constructive total loss
- P&I coverage matters including crew injury, collision liability and pollution
- Cargo insurance claims including short delivery, damage, contamination and theft
- War risk, sanctions exclusions and held covered clauses
- Subrogated recoveries and contested coverage disputes in court and arbitration
- Non-marine coverage disputes across general and financial lines
- Professional indemnity, directors and officers liability and financial institution coverage
- Insurance regulatory and compliance advisory under the Insurance Act 1966
- AML and CFT compliance advisory for insurers and financial institutions
- Reinsurance disputes and advisory
Services
Redundancy programmes, changing terms and conditions of employment, and transfer of employment.
In Singapore, the rules on business immigration and foreign workers are strict, with serious penalties and ramifications for those who fail to comply. We can work with individuals and companies on a variety of employment related immigration issues focusing on the international relocation of personnel both from and into Singapore.
Employment aspects of acquisitions and disposals (both share and business transactions), including due diligence and related reports.
Disciplinary, dismissal and grievance procedures, settlement negotiations and severance agreements
Employment law in Singapore has seen many changes in recent years, and keeping up with the changes can be a real challenge. We can provide training for managers, human resource professionals and in-house lawyers to keep you up to date on changes in law and best practices to avoid legal problems in the workplace.
Before the relevant regulatory authorities and other courts, from termination and bonus claims, to protecting trade secrets, confidential information and business interests.
Service agreements, employment contracts, secondment arrangements and employee handbooks, for all categories of staff, including directors and senior executives.
All of our training is practical, interactive, accessible and engaging, and can be tailored to your interests and the requirements of your business.
For more information, please contact Kim Seah.
- Represented hull insurers before the Singapore Court of Appeal in a significant decision on marine hull insurance law in Singapore, resulting in a successful outcome for the insurers on the perils of the seas and constructive total loss issues.
- Acted for an insurer in the Singapore High Court in one of the first Singapore court decisions to consider breach of warranty provisions under the English Insurance Act 2015, involving issues of constructive total loss, fair presentation, seaworthiness and insurable interest.
- Advised various insurers and reinsurers on coverage and policy interpretation issues arising from a major industrial port explosion, involving multiple lines of insurance across several jurisdictions.
- Advised corporate policyholders, insurers and reinsurers on coverage disputes and policy interpretation across general commercial lines, including matters involving professional indemnity, directors and officers liability, and financial institution coverage.
- Advised insurers on regulatory and compliance matters under Singapore’s insurance legislation and the oversight of the Monetary Authority of Singapore.
- Acted for the State in a criminal prosecution involving the misappropriation of significant funds, requiring analysis of financial flows and the intersection of financial regulation and criminal liability.
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