The BWCI Group has acquired regulated insurance manager, Orion Insurance Management.
Orion acts as manager to two well-known local general insurance businesses; La Fraternelle Mutual and Foresters Healthcare.
This acquisition diversifies BWCI’s range of services by expanding its insurance offering.
Orion Insurance will continue to operate with the same team from their offices on Glategny Esplanade. Clair Le Poidevin (pictured) has taken over as Managing Director of Orion in succession to David Le Poidevin, who is leaving the business to pursue an alternative career.
BWCI Senior Partner, Stephen Ainsworth said: “We are delighted to welcome the team at Orion into the BWCI Group and wish David Le Poidevin every success in his future career.
“As well as expanding our insurance business, and enhancing our range of services, the acquisition of Orion is complementary to our expanding pensions business following the launch of secondary pensions in Guernsey last year.”