Western Financial Group acquires Orion Insurance Brokers
Orion Insurance Brokers has been bought by Western Financial Group.
Western Financial Group has acquired Winnipeg-based firm Orion Insurance Brokers, following business negotiations between the brands.
Orion Insurance Brokers will retain its same workforce and will operate from the same location, but Western intends to use its large breadth and scale, as well as its dedication to providing its customers with value, in order to enhance Orion's reputation.
After being founded in 1996, Western has grown to serve more than 600,000 customers and has around 1,500 people in its workforce.
It has at least 120 offices and an internet presence, through which it provides investment, banking and insurance services and products.
The firm is one of Desjardin Group's subsidiaries, with this brand being Canada's largest cooperative financial group.
"We're excited to welcome the Orion staff to our team and to offer the benefits of our large network and wide range of products to the citizens of Transcona," chief executive officer and president of Western Financial Group Scott Tannas said.
Posted by David Gleck
Source: Western Financial Group press release, September 7th