Mitsubishi Electric Corporation has completed the sale of all shares of its subsidiary Mitsubishi Electric Insurance Service Company to Marsh Japan.
The sale of Mitsubishi Electric Insurance Service was announced in July 2025 and the company has now become a wholly owned subsidiary of Marsh Japan and renamed MEIS Insurance Services, Inc.
Mitsubishi Electric Insurance Services, which was founded in 1999 offered 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, the company also offered 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.