Marsh to acquire ENEOS Insurance Service in Japan
Marsh announced an agreement to acquire ENEOS Insurance Service and the insurance agency business of ENEOS Material Trading as part of an expansion of its insurance and risk advisory operations in Japan.
Founded in 1957 and headquartered in Tokyo, ENEOS Insurance Service provides commercial insurance products and risk advisory services to group companies across Japan, including liability insurance, service station insurance, disaster compensation insurance, car lease insurance, and workers’ compensation coverage. The company also offers employee benefit programs. ENEOS Material Trading’s insurance division focuses on personal insurance solutions for companies in the chemical sector and their employees.
The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions. Financial terms were not disclosed.
Established in 1955, Marsh Japan operates as a risk advisor and insurance broker serving companies across Japan.
“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.” – Chikara Nakanishi, President and Representative Director of Marsh Japan.
“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.” – Takashi Anada, General Manager of ENEOS Holdings and President & Representative Director of ENEOS Insurance Service.
