Aon successfully completed the transaction to acquire the in-house insurance agency business of Mitsubishi Chemical Group (MCG) on 1 March 2025. The move was designed to enhance Aon's risk capital and human capital capabilities in Japan.
Aon will provide corporate and personal lines insurance to the MCG group of companies and employees in Japan. The team will be led by Aon head for Japan Tatsuya Yamamoto.
“In today’s rapidly evolving environment for in-house agencies, MCG pioneered this project by joining forces with Aon to better address the needs of their companies and employees. This is a significant initiative in the industry, following the changes in the Japanese non-life insurance market which many Japanese companies are likely following closely,” said Mr Yamamoto.
We will make every effort to ensure the integration of the in-house insurance agency is a success for MCG, Dia Rix and Aon.”