Tow Lu Lim

• Acted for a leading international life insurance company in relation to a self-reporting incident to the Insurance Authority and SFC in relation to certain longstanding investment-linked assurance (ILAS) products. This involved an in-depth investigation into the root cause of the issue (delving into the system setup and programming) and advising on rectification and remedial steps, among others.  We assisted our client throughout the investigation, and advised on the rectification and the remedial steps in preparing and filing the self-reporting notification which resulted in no further action being brought against our client.
• Advising a multinational insurer on queries from the IA relating to sales process.
• Defending various insurance agents at disciplinary actions relating to mis-selling of insurance products.
• Coverage counsel for professional indemnity and D&O insurers of a number of financial institutions in Hong Kong and Singapore with regard to large scale claims arising from distribution of investment products related to Lehman Brothers (Minibonds) and other retail financial products. Developed bespoke investigation and claims assessment methodology for purposes of determining civil liability and aggregation.
• Advised on variety of coverage issues arising from various claims made against directors & officers (such claims include alleged breaches of duty, discriminatory conduct, breach of trust, defamation and wrongful termination).
• Coverage and monitoring counsel for professional indemnity insurers in connection with claims made against investment and asset management advisers relating to investments in equity accumulators and mismanagement of equity accumulator portfolio.
• Coverage and monitoring counsel for professional indemnity insurers of certified public accounting firm on coverage issues arising from US Federal Securities class action for audit of PRC company formerly listed on NASDAQ.
• Advised on coverage issues arising from claims on Banker's Blanket Bond policies.
• Defence counsel of various professional negligence claims and proceedings against architects, structural and consulting engineers, property valuers, construction and project managers, private hospitals and clinics, educational institutions and professionals, and insurance intermediaries.
• Advised on coverage issues relating to numerous construction related professional indemnity claims against engineers, architects and project managers in Asia and the Middle East.
• Acted for and advised numerous directors, on instructions from D&O insurers, in successfully responding to show-cause notice issued by Securities Commission following de-listing of public listed company.
• Advised on coverage issues for material damage and business interruption claims arising from incidents at manufacturing plants in the PRC.
• Advised on policy response and claims management of numerous Contractors All Risks claims arising from incidents at mines, processing plants, dams and commercial construction sites.
• Advised on policy indemnity, claims management and reinsurance issues arising from a number of business interruption claims following the SARS outbreak in 2003.
• Acted as lead counsel to project manage and advise on insurance regulatory and compliance issues arising in multiple jurisdictions such as the PRC, South East Asia and Australia.

Macquarie University, LLB

Macquarie University, Bachelor of Economics

• Hong Kong
• Australia
• Malaysia