WARREN, Pa., Oct. 13, 2016 /PRNewswire/ -- Northwest
Insurance Services, a subsidiary of Northwest Bank, announced today
that it signed a definitive agreement, effective November 1, to acquire Winans Insurance &
Employee Benefits, a property and casualty insurance and employee
benefits firm located in Warren,
Pennsylvania.
Founded in 1927, Winans Insurance and Employee Benefits has
grown through a series of acquisitions to be one of the largest
insurance agencies in its area.
As part of the acquisition, the entire Winans team will continue
to operate from their current office at 315 Second Avenue in
Warren. Winans' owner, David G.
Winans, a 36-year industry veteran, will become vice
president, Northwest Insurance Services, serving Northwestern Pennsylvania and New York's Southern Tier.
In making the announcement, Douglas H.
Bert, president, Northwest Insurance Services said,
"Committed to expanding our coverage across Pennsylvania and New
York, we're pleased to welcome Winans Insurance and Employee
Benefits and their strong team as members of the Northwest
family. This addition reinforces our dedication to providing
best-in-class insurance products and award-winning customer service
to the businesses and families we serve." He added, "The cultural compatibility
of our two companies is demonstrated by our missions and commitment
to our local communities."
"Because of their proven record of providing excellent customer
service, we are excited to affiliate with Northwest and are happy
to continue to serve our valued clients in Warren and the surrounding area," said Mr.
Winans. "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 and loans."
Headquartered in Warren, Pennsylvania, Northwest Bancshares, Inc. is
the holding company of Northwest Bank. Founded in 1896,
Northwest Bank is a full-service financial institution offering a
complete line of business and personal banking products, employee
benefits and wealth management services, as well as the fulfillment
of business and personal insurance needs. Northwest operates 167
full-service community banking offices and nine free standing
drive-thru facilities in Pennsylvania, New
York, Ohio and Maryland and 51 consumer finance
offices in Pennsylvania through its subsidiary, Northwest
Consumer Discount Company. Northwest Bancshares, Inc.'s common
stock is listed on the NASDAQ Global Select Market ("NWBI").
Additional information regarding Northwest Bancshares, Inc. and
Northwest Bank can be accessed on-line
at www.northwest.com.
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SOURCE Northwest Bank