
Northwest Financial institution

Northwest Bank has entered into an agreement to sell its insurance coverage enterprise, as a result of Northwest Insurance coverage Providers, to USI Insurance policies Companies.
“We are delighted to have reached a definitive agreement with USI, just one of the largest possibility administration, personnel profit and retirement consulting firms in the earth,” Vice President and Communications Manager Melanie Clabaugh explained.
According to a release by PRNewswire, “USI connects in excess of 8,000 business-major specialists from around 200 workplaces to provide clients’ community, national and international requires.”
“This transaction, which is predicted to shut early in the 2nd quarter of 2021, will not impression Northwest Insurance coverage Solutions clients’ insurance policy protection, payment schedules or treatments,” Clabaugh stated. “And, they’ll continue to operate with the exact same talented coverage industry experts, who will have accessibility to an expanded established of instruments, sources and know-how.”
“Together, Northwest and USI will deliver a comprehensive suite of residence and casualty, staff rewards, own hazard, method and retirement solutions to massive threat management customers, center sector firms, scaled-down companies and men and women in Warren County and other parts across the Northwest footprint,” she reported.
USI’s Chairman and CEO, Michael J. Sicard reported in the release, “We appear ahead to welcoming the talented gurus from Northwest Insurance Services to the USI loved ones. By partnering jointly as Just one, we look forward to growing our knowledge in the course of western Pennsylvania and western New York by way of the USI One particular Benefit, an interactive knowledge platform that integrates proprietary analytics, networked methods and company planning to deliver truly custom-made methods with substance economical effects to clients.”
Northwest Bank is a subsidiary of Northwest Bancshares, Inc.

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