Marsh agrees to acquire ENEOS Insurance Service Co., Ltd. and the insurance business department of ENEOS Material Trading Co., Ltd. from ENEOS Holdings, Inc., in a transaction expected to close in the third quarter of 2026. Financial terms were not disclosed. The deal extends Marsh's presence in Japan. ENEOS Insurance Service, founded in 1957 and headquartered in Tokyo, provides commercial insurance solutions including various liability lines, service station insurance, service station soil remediation insurance, service station disaster compensation insurance, car lease insurance and comprehensive workers' compensation insurance to clients across Japan. It also offers risk advisory services for group companies and group-specific employee benefit programmes. ENEOS Material Trading provides personal insurance solutions to companies in the chemical sector and to individuals working for ENEOS Material Trading itself. Chikara Nakanishi, president and representative director of Marsh Japan, says ENEOS Insurance Service and the insurance division of ENEOS Material Trading have "built deep, long standing trust with their clients", and Marsh intends to preserve those strengths as it integrates the businesses. He adds that the combination will broaden product-related and extended warranty offerings while continuing to provide comprehensive employee benefits. Takashi Anada, general manager of ENEOS Holdings and president and representative director of ENEOS Insurance Service, says: "As the ENEOS Group strengthens its management structure and restructures its portfolio, maximising 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." Marsh Japan has operated since 1955. Its parent, Marsh, advises clients in 130 countries, has more than 95,000 employees and reports annual revenue of US$27 billion.
