Mitsui Bussan Pana Harrison Pte. Ltd.

Name

Mitsui Bussan Pana Harrison Pte. Ltd.

Legal name

Mitsui Bussan Pana Harrison Pte. Ltd.

Website

https://mitsui-pana.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

akta.pro secondary industries

Protection & Indemnity (P&I) / Marine Liability Insurance (FSAJAHAH), Marine Specialty (Hull/P&I/Cargo) (FSAJAGAJ)

Keywords

• Insurance brokerage services
• Reinsurance brokerage
• Corporate insurance solutions
• Personal insurance coverage
• Financial planning advisory

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Reinsurance Brokerage: Brokerage commissions for placing treaty and facultative reinsurance for insurance companies regionally. Handles catastrophe exposure analysis and large program placements.
2. General Insurance Brokerage: Commissions from placing corporate and retail general insurance policies including aviation, property, marine, casualty, and other lines.
3. Financial Planning Services: Advisory fees for long-term financial planning services including wealth protection, accumulation, preservation, and distribution solutions.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Mitsui Bussan Pana Harrison is a Singapore-headquartered insurance and reinsurance brokerage established in 1980 as a joint venture between Pana Insurance Pte Ltd (Singapore) and Harrison Horncastle Insurance Group (UK). It operates four core service lines: Personal Insurance (motor, home, travel, health, etc.), Corporate Insurance (aviation, marine, engineering, property, oil & gas, liabilities, etc.), Financial Planning (wealth protection, accumulation, preservation, distribution), and Reinsurance (treaty, facultative, ILS). As a Lloyd's of London registered broker since 2009, it provides direct access to the global wholesale insurance market.

Product overview

Mitsui Bussan Pana Harrison is an insurance and reinsurance broker offering a comprehensive suite of products organized into four core service lines: Personal Insurance (travel, motor, home, personal accident, domestic maid, health, golf, pet, mobile equipment, pleasure craft), Corporate Insurance (aviation and space, employee benefits, engineering, property, liabilities, marine, oil and gas, political trade and credit risk, jewellers block), Financial Planning (wealth protection, wealth accumulation, wealth preservation, wealth distribution), and Reinsurance (treaty, facultative, and ILS). Established in 1980 and headquartered in Singapore, the company serves retail, corporate, and institutional clients across Asia with wholly-owned subsidiaries and joint ventures in China, Indonesia, Korea, Malaysia, Myanmar, Philippines, Taiwan, and Vietnam.

Differentiator

Problem solved

Functional benefit

Brands

• InsureGuru: Digital insurance platform providing all insurance needs in one place.

Products and services

• Personal Insurance Individual insurance coverage for retail customers covering motor, home, maid, travel, personal accident, health, golf, pet, mobile equipment, and pleasure craft risks.
• Corporate Insurance Bespoke insurance coverage for SME and large corporations across aviation, employee benefits, engineering, property, liabilities, marine, oil and gas, political trade and credit risk, and jewellers block.
• Financial Planning Advisory services addressing long-term financial needs including wealth protection, wealth accumulation, wealth preservation, and wealth distribution solutions through major life insurance companies.
• Reinsurance Treaty and facultative reinsurance brokerage analysing insurer portfolio for catastrophe exposure and placing reinsurance on large programs across Asia.
• Travel Insurance Coverage for trip cancellation, medical expenses, emergency evacuation, baggage loss, travel delays, and personal liability during overseas travel.
• Motor Insurance Comprehensive motor vehicle coverage against accidents, theft, malicious damage, and third-party liability including NCD protector and loan protection.
• Home Insurance Coverage for buildings and contents against fire, flood, theft, and natural disasters including 24-hour home emergency protection.
• Personal Accident Insurance 24-hour worldwide coverage against death or injury due to accidental means, terrorists acts, and motorcycling injuries.
• Domestic Maid Insurance Maid insurance covering personal accident, medical benefits up to $40,000, hospital expenses, and MOM deposit bond.
• Health Insurance In-hospitalization expense coverage for illnesses or surgical procedures with options for outpatient, dental, and family coverage up to $1,000,000.
• Aviation & Space Insurance Coverage for aircraft from single plane to fleet including hull all risks, third party liability, hull war risks, crew passenger accident, and pilot loss of license.
• Employee Benefits Group insurance benefits including term life, accident, hospital and surgical expenses for corporate employees.
• Engineering Insurance Contractors All Risks, Erection All Risks, and Machinery All Risk policies covering construction, installation, and machinery breakdown.
• Property Insurance All-risks coverage for properties, furniture, fixtures, machinery and stocks against fire, lightning, explosion, riot, vehicle impact, and theft with optional business interruption coverage.
• Liabilities Insurance Third party liability coverage including public liability, products liability, products recall, errors and omissions, and directors and officers.
• Marine Insurance Hull and cargo insurance covering vessels, freight forwarders liability, builders risks, and protection and indemnity.
• Oil & Gas Insurance Coverage for offshore/onshore drilling and mining including rigs, machinery, equipment, control of well, and third party liability.
• Political Trade & Credit Risk Insurance Export credit insurance and receivables coverage for bad debts, insolvency, and political risks including customs seizures.
• Jewellers Block Insurance All risks coverage for goldsmiths, jewellers, and watch dealers including outdoor transits, exhibitions, and home risks.
• Wealth Protection Life insurance solutions including flexible term life, mortgage loan term life, and whole of life insurance for family protection.
• Wealth Accumulation Investment and savings solutions including endowment plans, unit trusts from over 300 funds, education planning, and retirement planning.
• Wealth Preservation Hospital and surgical protection, long term care coverage, and critical illness protection for preserving hard-earned wealth.
• Wealth Distribution Legacy planning through term life, whole of life, and universal life insurance with collaboration with wills and trust companies.

Quantifiable outcome

• 40+ years of continuous operation and 15,168+ satisfied clients

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor and core.

• Globex InternationalminorStrategic or Co-development PartnerPartnership with Globex International, a US-based broker group, extends global reach and enables coverage capabilities through international collaboration.
• Harrison Horncastle Insurance Group (UK)coreStrategic or Co-development PartnerOriginal joint venture partner from UK when Pana Harrison was established in 1980. Contributed to initial Lloyd's market expertise and international insurance brokerage foundation.
• Pana Insurance Pte Ltd (Singapore)coreStrategic or Co-development PartnerOriginal joint venture partner in Singapore when company was established in 1980, forming the foundation of Pana Harrison together with Harrison Horncastle Insurance Group.
• Insurance Carrier PartnersminorChannel Partner/ Reseller/ DistributorPartnership network of global and regional insurers including AIG, AXA, China Taiping, EQ, ERGO, HL, Income, Liberty Mutual, MSIG, Sompo, and Tokio Marine for product distribution and coverage placement.

Scale indicators5 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• Lockton: Largest independent global insurance brokerage with Asia-Pacific offices. Comparable to MBPH as a corporate and specialty insurance broker, with overlap in aviation, marine, and energy specialty lines.
• Willis Towers Watson (WTW): Global advisory, brokerage, and solutions firm with insurance brokerage and reinsurance capabilities across Asia. Comparable as a corporate-focused insurance and reinsurance broker with broader consulting services.
• Tokio Marine: Major Japanese insurance group and a key carrier partner of MBPH (MBPH is even housed in the Tokio Marine Centre in Singapore). Comparable as a broad incumbent in the regional insurance value chain, though as a carrier rather than broker.
• Arthur J. Gallagher & Co. Large global insurance brokerage and risk management services firm with significant Asia-Pacific operations. Comparable as a multi-line broker serving corporate and retail clients, though with a much broader portfolio than MBPH.
• MSIG (Mitsui Sumitomo Insurance): Japanese-anchored P&C insurer in the MS&AD group with strong Asia-Pacific presence and a listed carrier partner of MBPH. Comparable as a regional incumbent, though MSIG is a carrier while MBPH is a broker distributing MSIG products.

Regional players

• Alliant Insurance Services: US-headquartered specialty insurance brokerage with selective Asia-Pacific capabilities. Comparable to MBPH as a specialty-lines broker, though primarily serving Americas clients rather than ASEAN.

Direct peers

• Marsh: Global insurance brokerage and risk advisory firm operating across Asia-Pacific. Directly comparable to MBPH as a multi-line insurance and reinsurance broker serving corporate, retail, and institutional clients with similar carrier-network distribution.
• Aon: Global insurance brokerage and reinsurance intermediary with deep Asia-Pacific presence. Competes head-to-head with MBPH across commercial insurance, reinsurance placement, and risk advisory services for corporate clients.
• Howden: International insurance broker with a fast-growing specialty and reinsurance platform, including meaningful Asia-Pacific operations. Closely comparable to MBPH's mix of general insurance, specialty lines, and reinsurance brokerage.
• Guy Carpenter: Global reinsurance specialist and broker operating across Asia-Pacific. Closely comparable to MBPH's reinsurance business (treaty and facultative placement, catastrophe exposure analysis, ILS).

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mitsui-pana

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mitsui Bussan Pana Harrison Pte. Ltd.