Marsh completes acquisition of Mitsubishi Electric Insurance Service, appoints Ichiro Seino as president and CEO

Marsh Completes Acquisition of Mitsubishi Electric Insurance Service

Marsh has finalized its previously announced acquisition of Mitsubishi Electric Insurance Service (MEIS) and appointed Ichiro Seino as president and chief executive officer.

Leadership and Industry Experience

Ichiro Seino takes the helm as president and CEO of MEIS.
Krishnan brings over 30 years of expertise across South Korea, South Asia, and Southeast Asia.
Aragane recently concluded a five-year tenure as CEO of Steamship Mutual's Japan branch.
Singapore-based Nair joins Willis’s M&A division within the finex specialty business.
Nair will collaborate with Shuohan Dai, senior underwriter for credit and political risk, and Zhenghong Pan, principal officer and underwriting manager for financial lines.

Industry Challenges and Focus

Cybersecurity is no longer just an IT concern, but a governance issue that belongs on the boardroom agenda.

The insurance industry must invest in innovation while enhancing systems, talent, and data management to meet evolving risks and challenges.

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Author's summary: Marsh's acquisition of MEIS and appointment of Ichiro Seino highlight leadership changes as the insurance sector addresses governance challenges and innovation needs amid evolving cybersecurity risks.

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InsuranceAsia News — 2025-11-06