Marsh to acquire ENEOS Insurance Service and ENEOS Material Trading’s insurance agency business in Japan

TOKYO, May 15, 2026 ¬─¬ Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, today announced it reached an agreement with ENEOS Holdings, Inc. to acquire major insurance broker ENEOS Insurance Service Co., Ltd.,  and the insurance business department of ENEOS Material Trading Co., Ltd. Terms of the transaction, which is expected to close in the third quarter of 2026, were not disclosed.

Founded in 1957 and headquartered in Tokyo, Japan, ENEOS Insurance Service provides commercial insurance solutions, including risk advisory services for group companies, various liability insurances, service station (SS) insurance, SS soil remediation insurance, SS disaster compensation insurance, car lease insurance, and comprehensive workers’ compensation insurance to clients across Japan. The company also offers group-specific employee benefit programs. ENEOS Material Trading provides personal insurance solutions to companies in the chemical sector and to individuals working for ENEOS Material Trading.

Chikara Nakanishi, President and Representative Director of Marsh Japan, said: “ENEOS Insurance Service and the insurance division of ENEOS Material Trading have built deep, long standing trust with their clients—strengths we will preserve as we integrate their capabilities with Marsh’s global risk management expertise, advanced analytics, and market-leading innovations. Together, we will broaden product related and extended warranty offerings and continue to provide comprehensive employee benefits, all supported by streamlined digital platforms and responsive advisory teams to help clients manage exposures and enhance resilience.”

Takashi Anada, General Manager of ENEOS Holdings and President & Representative Director of ENEOS Insurance Service,  said: “As the ENEOS Group strengthens its management structure and restructures its portfolio, maximizing the strengths and growth potential of ENEOS Insurance Service and the insurance division of ENEOS Material Trading with an optimal partner will better support future growth for the business and its employees. Developing the business under Marsh Japan, a leader in insurance and risk management, best positions the company for long-term growth.”

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.

About Marsh

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit corporate.marsh.com, or follow us on LinkedIn and X.