Forward Insurance to Merge with Precour Insurance

Insurance | January 27, 2020

 

Forward Insurance has signed a definitive agreement to merge Precour Insurance into the Forward organization. The addition of the Precour office in Phillips brings the total reach of Forward Insurance to six communities in central and northern Wisconsin.

Customers will be contacted directly by Forward Insurance with details in the coming weeks and will continue to have access to the same insurance agents that they have developed a relationship with over the years.

Bill Sennholz Headshot
Bill Sennholz, President and CEO

Bill W Sennholz, President and CEO of Forward Bank – the parent company of Forward Insurance, stated “Precour customers will not need to do anything different during the transition to Forward Insurance.” Sennholz continued, “Forward Insurance is excited to join forces with an agency that shares our dedication to community and customers. We are also thrilled to have the opportunity to offer the services of Paul Precour and his team to our bank customers in the Phillips area.”

“We at Precour Insurance are excited to work with the Forward organization, to continue serving Price County with a broad range of insurance products,” commented Paul Precour, Owner of the Precour Insurance Agency. “We believe Forward is committed to our wonderful community, that we have been proud to serve the past 35 plus years.”

The transaction is expected to be completed in by the end of March 2020.

Insurance and Investment products are *Not FDIC Insured *No Bank Guarantee *May Lose Value *Not Insured by Any Federal Government Agency *Not a Deposit