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Practice Area|Insurance

Insurance Disputes

Jipyong provides comprehensive legal services, including interpretation of insurance agreements and litigation for insurance claims and subrogations actions based on many years of experience.

In particular, we provide systematic and comprehensive legal services based on extensive experience in various litigation and dispute resolution across all insurance-related sectors, including general insurance, life insurance and export credit insurance.

Key Practice Areas Close

    • Representation in dispute resolution related to insurance and reinsurance claims
    • Representation in dispute resolution related to subrogation actions
    • Representation in arbitration related to insurance

Experiences Close

    • In a case regarding 'Requirements for recognizing tenant’s liability for damages to the property of lessor other than property leased’, we got ruling from the Supreme Court consisting of all justice which reverts the existing ruling made by the Supreme Court that the tenant should reimburse the lessor for damages of parts other than the parts leased unless the tenant fulfills its duty of care
    • Represented Korea Development Bank and Korea Asset Management Corporation in a lawsuit claiming refund of performance security deposit in the amount of KRW 315 billion with regard to M&A of Daewoo Shipping & Marine Engineering
    • Represented KDB in a lawsuit claiming insurance amount in the amount of KRW 136 billion with regard to independent bank guarantee of foreign bank
    • Represented insurance companies, including Samsung Fire & Marine Insurance, LIG Insurance, Seoul Guarantee Insurance Company, Samsung Life, Korea Life Insurance (currently, Hanwha Life Insurance), Green Cross Life Insurance (currently, Hyundai Life Insurance), etc., in lawsuits claiming payment of insurance benefits
    • Represented Samsung Life Insurance in resolving dispute between insurance agencies and over variable insurance
    • Represented Samsung Fire and Marine Insurance in lawsuits for property damage insurance claims such as repair costs and automobile rental fees