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Company Profile

Company Name The Kyoritsu Co., Ltd.
Address Kyoritsu Nihonbashi Building 2-2-16, Nihonbashi, Chuo-ku, Tokyo103-0027, Japan
Tel +81-3-5962-3100
Establishment April 14th, 1910
Capital JPY 322,915,420
President Koichi Hasegawa
Number of Employees 295 (as of March 2018)
Operations in Japan Head Office Tokyo
Branches Osaka, Fukuoka, Nagoya, Sendai, Toyama,Hiroshima, Sapporo, Niigata, Takamatsu, Shizuoka
Subsidiaries Kyoritsu Insurance Brokers of Japan Co., Ltd.
The Kyoritsu Risk Management Co., Ltd.
Kyodo Kokokusha Co., Ltd.
Overseas Network Shanghai Kyoritsu Insurance Brokers of China Co., Ltd.
Hong Kong The Kyoritsu Insurance Brokers (Hong Kong) Co., Ltd.
Singapore Kyoritsu Insurance Brokers (Singapore) Pte. Ltd.
Bangkok Kyoritsu Insurance Brokers (Thailand) Co., Ltd.
Jakarta Japan Desk, PT IBS Insurance Broking Service
Kyoritsu Insurance Brokers of Japan Co., Ltd. is a member of The Lockton Global and GBN Global Insurance Network.

History

1910 Hasami Kogyo Co., Ltd. was founded as a subsidiary of The Industrial Bank of Japan
(The Company was operated as a mining company until 1932)
1916 Hasami Kogyo Co., Ltd. was renamed as The Kyoritsu Kogyo Co., Ltd.
1932 The Company was renamed as The Kyoritsu Co., Ltd. and became a non-life insurance agency
1969 Became life insurance agency
1975 Established The Kyoritsu Insurance Brokers (Hong Kong) Co., Ltd.
1995 Established Shanghai Representative Office
1996 Established Kyoritsu Insurance Brokers of Japan Co., Ltd.
Nominated as member in Japan for the Assurex Global
2001 Established The Kyoritsu Risk Management Co., Ltd.
Business alliance with HSBC Insurance Brokers (Singapore) Pte Ltd
2007 Shanghai Representative Office was re-organized as a subsidiary, Kyoritsu Insurance Brokers of China Co., Ltd.
(The first fully licensed Japanese broker in China)
2009 New head office building completed (The Kyoritsu Nihonbashi Building)
2012 Established Kyoritsu Insurance Brokers (Singapore) Pte. Ltd.
2013 Business alliance with Independent Consultant Co., Ltd. (ICC) in Bangkok
2016 Established Kyoritsu Insurance Brokers (Thailand) Co.,Ltd.
2017 Business alliance with PT IBS Insurance Broking Service (IBS) in Jakarta

Business Activities

The Kyoritsu Group is engaged primarily in non-life insurance intermediary business as well as life insurance and intermediary insurance for corporate clients. The Group also undertakes risk consulting. In Japan, Kyoritsu, being an insurance agency, owns an insurance brokerage and a risk management company as subsidiaries. Together, the Kyoritsu Group provides clients with a full lineup of services as an insurance intermediary, offering the research and analysis of corporate risks, the design and proposal of optimal insurance, consulting, appraisals and proposals of employee benefit programs.

In the area of International business, through its four insurance brokerage subsidiaries in Hong Kong, Shanghai, Singapore, Bangkok and IBS Japan Desk in Jakarta, Kyoritsu provide insurance services mainly to Japanese corporations with operations in those regions. In particular, the subsidiary in Shanghai, Kyoritsu Insurance Brokers of China Co., Ltd (the first and fully licensed Japanese insurance broker in China) has been steadily expanding business since beginning operations in 2007.

The Kyoritsu Group has established business alliances with leading insurance brokers around the world, including the members of The Lockton Global and GBN Global Insurance Network. We support corporations that operate globally with the comprehensive administration of insurance for their overseas operations (for example, we implement worldwide insurance programs and arrange local insurance policies depending on client requirements).

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