MAC Financial has launched a new sister company which will provide commercial insurance.

MAC Commercial is based in Athol Street, Douglas and will combine its expertise with that of MAC Financial to help clients achieve financial objectives.

It will offer commercial insurance, as well as marine, aviation and e-gaming services onshore and offshore.

Managing director Jon McGowan says, together, the organisations can provide effective solutions in wealth management, insurance and professional risks.

A new face is joining the team, as Trevor Vels takes up the role of general manager of MAC Commercial.