Bank insurance

USI Insurance Services acquires insurance business from Northwest Bank

A wholly owned subsidiary of Northwest Bank, Northwest Insurance Services provides property and casualty, life, disability and long-term care insurance, as well as group health, life and disability benefits.

“We are very pleased to have reached a definitive agreement with USI,” said Ron Seiffert, President and CEO of Northwest Bank. “USI is a well-managed national supplier that combines industry-leading capabilities delivered by long-standing, passionate and committed local service teams. “

“We look forward to welcoming the talented professionals of Northwest Insurance Services to the USI family,” commented USI President and CEO Michael J. Sicard.

Sicard added that the partnership would expand USI’s expertise in Western Pennsylvania and Western New York through its proprietary USI ONE Advantage platform – a system that integrates analytics, network resources and business planning to provide tailor-made solutions with significant financial impact for customers.

Read more: USI Insurance Services launches into domestic insurance

A month ago, USI Insurance Services expanded its presence in the Northwest with the acquisition of Inland Insurance in Washington. Inland Insurance is an independent risk and benefits management agency serving businesses and individuals in Eastern Washington.