New York-based USI Insurance Services, one of the world’s largest insurance brokerage and consulting firms, recently completed its purchase of Northwest Insurance Services’ insurance business.
The insurance is offered through Northwest Bank, a subsidiary of Warren-based Northwest Bancshares. Northwest Insurance Services offers disability employee benefits, life insurance, disability and long-term care insurance, property and casualty, and group health.
“In searching for the right partner for our insurance business, we had two key requirements – positioning our Insurance Services group with a proven industry leader in property and casualty insurance, employee benefits, personal risk, and retirement consulting, and partnering with an established firm that would continue to value the contributions of all Northwest Insurance Services employees,” Northwest Bank President and CEO Ron Seiffert said. “USI met both requirements, and I am confident their national capabilities, delivered through longstanding, passionate, and committed local service teams, will continue to deliver the superior level of service and solutions our clients have come to expect.”
“We are thrilled to welcome the clients and talented professionals from Northwest Insurance Services to USI. Partnering together, we look forward to delivering a uniquely exceptional and impactful experience for our current and future clients through the USI ONE Advantage,” USI Chairman and CEO Michael Sicard said.