Tokyo | July 28, 2025
Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan (NYSE: MMC), today announced that it reached agreement to acquire Mitsubishi Electric Insurance Service Co., Ltd. (MEIS), a prominent insurance agency in Tokyo, from Mitsubishi Electric Corporation. Terms of the transaction, which is expected to close in the fourth quarter of 2025, were not disclosed.
Founded in 1999, MEIS offers customers access to high-value, cost-effective insurance solutions across a broad range of commercial lines, including liability, property, cargo, workers compensation, commercial auto, commercial umbrella, directors and officers, and cyber. As a partner for customers' safety and security, MEIS also offers insurance across a wide range of products, including non-life/life insurance, medical care, and nursing care.
Established in 1955, Marsh Japan has a proven 70-year track record as Japan’s leading risk advisor and insurance broker, providing global services and tailored solutions to companies of all sizes across Japan.
Chikara Nakanishi, President and Representative Director, Marsh Japan, said: “Building upon the trust and confidence that Mitsubishi Electric Insurance Service has established with its customers over many years, we are committed to contributing to a more resilient economy and society by leveraging Marsh’s global network and expertise in risk management. In addition, in the area of employee health and benefits, we will meet our clients’ needs through an extensive product portfolio and the use of advanced digital platforms.”
Yasunari Abe, Executive Officer, Mitsubishi Electric Corporation, said: “Mitsubishi Electric has been assessing the significance of the insurance business in its portfolio, aiming to further strengthen the company’s overall business structure. Considering the evolving business environment for insurance agencies in Japan, Mitsubishi Electric believes that having Mitsubishi Electric Insurance Service teamed up with Marsh Japan would best position the company for long-term growth supported by Marsh LLC’s global insurance expertise.”
