Northwest Insurance Services, a subsidiary of Northwest Bank, and Jim Sundahl, President of Sundahl & Co. Insurance, jointly announced that they signed a definitive agreement, dated November 1, 2019, under which Northwest Insurance Services will acquire Sundahl & Co. Insurance, a property and casualty insurance firm headquartered in Bradford Pennsylvania with locations in Warren, Grove City, and North East. The deal is expected to be finalized on December 1, 2019.

Founded in 1911, Sundahl & Co. Insurance has grown through a series of acquisitions to be one of the largest insurance agencies in Northwestern Pennsylvania.

As part of the acquisition, the Sundahl team will continue to operate from all locations. Paul Ridley, CPA, Sundahl’s vice president and chief operations officer, will become vice president, Northwest Insurance Services, serving Northwestern Pennsylvania and New York.

In making the announcement, Doug Bert, president, Northwest Insurance Services, said, “Committed to expanding our coverage across Pennsylvania and New York, we’re pleased to welcome Sundahl and Co. Insurance and their strong team as members of the Northwest family. This addition reinforces our dedication to providing best-in-class insurance products and award-winning customer service to the businesses and families we serve. He added, “The cultural compatibility of our two companies is demonstrated by our missions and commitment to our local communities,” a sentiment echoed by Jim Sundahl.

“Because of their proven record providing excellent customer service, we are excited to affiliate with Northwest and are happy to continue to serve our valued clients in Pennsylvania and New York,” said Mr. Ridley.

“Operating within the Northwest network, we’ll be able to connect our clients to an expanded list of carriers and additional products and services, including investment management and trust, employee benefits, retirement services and personal and business banking and loans.”

Headquartered in Warren, Northwest Bancshares, Inc. is the holding company of Northwest Bank. 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 172 full-service community banking offices and ten freestanding drive-thru locations in Pennsylvania, New York, and Ohio. Northwest Bancshares, Inc.’s common stock is listed on the NASDAQ Global Select Market (“NWBI”).

Additional information regarding Northwest Bancshares, Inc. and Northwest Bank can be found online at www.northwest.com.