Northwest Savings Bank Acquires Bert Insurance Group of Pennsylvania

Northwest Savings Bank agreed to acquire The Bert Insurance Group, an employee benefits and property/casualty insurance agency. The Bert Insurance Group specializes in commercial and personal insurance planning as well as retirement benefit plans.

The Bert Insurance Group serves all of northwestern Pennsylvania from its location in Erie, Penn. The company has an extensive list of manufacturing, nonprofit, education, municipality, service industry, construction, and professional clients.

Warren, Penn.-based Northwest Savings Bank currently holds assets of $8 billion and operates 166 community-banking locations in Pennsylvania, New York, Ohio, and Maryland. The Bert Insurance Group will operate as a unit of Northwest Savings Bank. The former owner, Douglas Bert, will remain with the company and assume corporate management responsibilities as president of Northwest’s insurance operations.

Topics Mergers & Acquisitions Pennsylvania