Northwest Insurance Services, a Warren, Penn., headquartered subsidiary of Northwest Bank, has signed a definitive agreement effective November 1 to acquire Winans Insurance & Employee Benefits, a property and casualty insurance and employee benefits firm also located in Warren, Penn.
As part of the acquisition, the entire Winans team will continue to operate from its current office at 315 Second Avenue in Warren. Winans’ owner, David G. Winans, a 36-year industry veteran, will become vice president of Northwest Insurance Services, serving Northwestern Pennsylvania and New York’s Southern tier.
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.
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 through facilities in Pennsylvania, New York, Ohio and Maryland and 51 consumer finance offices in Pennsylvania through its subsidiary, Northwest Consumer Discount Company.
Source: Northwest Bank
Topics Mergers & Acquisitions Employee Benefits Pennsylvania
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