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Marsh acquires Japan-based insurance agency Hoken Soken

Marsh has acquired Japan-based independent insurance agency Hoken Soken Inc.

The acquisition will expand Marsh Japan's business in the Kansai region, where Hoken Soken primarily operates. The terms of the deal were not disclosed.

Hoken Soken provides risk management and insurance services to small and medium-sized enterprises, government agencies and individuals in the Kansai region.

Marsh is a wholly owned subsidiary of Marsh & McLennan Cos. Inc.