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Varisara Chaiwattanachai

Associate

Biography

Varisara Chaiwattanachai is an associate in Tilleke & Gibbins’ corporate and commercial department in Bangkok. Her expertise covers all insurance-related matters, including policy wordings, insurance coverage, regulatory compliance, reinsurance, and claims.

Varisara also supports her clients by sharing legal and regulatory expertise on various other areas relevant to insurance business practices, such as electronic transactions, digital platform services, and anti-money laundering and combating the financing of terrorism (AML/CFT). She further advises on corporate and commercial matters, including commercial contracts and M&A-related insurance transactions.

Prior to joining Tilleke & Gibbins, Varisara worked at the Office of Insurance Commission (OIC), Thailand’s insurance regulatory authority, where she broadened her expertise in insurance regulations, with a focus on market entry and insurance solicitation. She also spent several years at a boutique law firm in Bangkok specializing in insurance and shipping law, where she provided legal advice, handled claims, and worked on litigation matters, particularly related to marine, air, and inland cargo policies.

Varisara holds an LLB from Thammasat University, an LLM in Maritime Law from the University of Nottingham, and an LLM in Corporate and Financial Law from the University of Glasgow. She also holds a lawyer’s license from the Lawyers Council of Thailand and is a barrister-at-law certified by the Thai Bar Association.

Experience

  • Provided legal advice, handled claims, and represented a non-life insurance company in court to take recourse against potentially liable parties such as carriers, multimodal transport operators, and warehousemen, in connection with marine, air, and inland cargo policies.
  • Reviewed draft international free trade agreements concerning trade in services, particularly for insurance and insurance related sectors, and provided a legal opinion, along with information on legal restrictions regarding market access and national treatment of foreign entities seeking to supply such services in Thailand.
  • Participated in the Electronic Activities Committee of Thailand’s Office of Insurance Commission (OIC) to review and provide advice to ensure that electronic activity procedures submitted by insurance companies or brokers to the OIC comply with relevant requirements and regulations.
  • Conducted in-depth research and analysis, and provided legal opinions on specific laws and regulations (such as the Electronic Transactions Law, Digital Platform Services Law, and Anti-Money Laundering and Combating the Financing of Terrorism Law) related to insurance business practices.
  • Assisted the OIC’s working groups in promoting the enactment of the Marine Insurance Act and the amendment of the Life Insurance Act and the Non-Life Insurance Act by researching relevant international laws, insurance supervisory standards, and other financial regulations.
ABOUT Varisara

Practices

Corporate/M&A

Location

Languages

    Thai

    English

Education

    LLM, University of Glasgow (U.K.)

    LLM, University of Nottingham (U.K.)

    LLB, Thammasat University

Insights

Awards & Rankings

Other Professionals