Orion Risk Management, an insurance brokerage firm offering captive management services, has bolstered its client and employee network through its new association with insurance agency Friedmann & Friedmann Insurance Services.
As part of this new partnership, the Friedmann & Friedmann team will now operate under the Orion Risk Management brand.
Both companies have expertise across workers' compensation, property casualty and employee benefits sectors, as well as the operations of captive insurance companies.
“This emerging partnership gives us a chance to combine our resources, and that combination of assets will greatly benefit both parties and clients," said Laverne Friedmann, founder of Friedmann & Friedmann.
Clifford Davis, Orion founder and CEO, added: “We are excited to welcome Orion’s newest members. We have a shared devotion to client service and advocacy with strong emphasis on workers’ compensation. The knowledge and execution Friedmann & Friedmann brings to the table has made them a formidable competitor and we are happy to be on the same team. Orion will also benefit from the expertise that Friedmann & Friedmann adds in the management liability space, while Orion excels in the areas of loss portfolio transfers, captives and alternative funding methods.”
Orion Risk Management, Friedmann & Friedmann, Captives, North America