Northwest Insurance Services recently announced it signed a definitive agreement to acquire Winans Insurance effective November 1.
Northwest Insurance is a subsidiary of Northwest Bank. Winans, on the other hand, is a property and casualty insurance and employee benefits company based in Pennsylvania.
Douglas H. Bert, Northwest president, said the company is committed to expanding its footprint across Pennsylvania and New York through its team up with Winans.
“This addition reinforces our dedication to providing best-in-class insurance products and award-winning customer service to the businesses and families we serve. The cultural compatibility of our two companies is demonstrated by our missions and commitment to our local communities,” Bert added.
David G. Winans, who will assume a senior vice president post with Northwest after the acquisition, said, “Operating within the Northwest network, we’ll be able to connect our clients to an expanded list of carriers and additional products and services, including investment management and trust, employee benefits, retirement services and personal and business banking loans.”
Northwest will absorb the entire Winans team, which will continue to operate from the Winans Warren headquarters.
