Insurance brokerage Hub International Limited announced today its acquisition of Pittsburgh-based The HDH Group (HDH). Terms of the acquisition were not disclosed.
HDH will establish a new regional operation for Hub that will serve as a platform for future expansion in western Pennsylvania and Ohio, the announcement said.
HDH is a property/casualty, employee benefits and personal lines brokerage with locations in Pittsburgh, Erie and Harrisburg, Pennsylvania. The firm also brings an industry focus on transportation, municipalities, healthcare, energy, and construction, as well as alternative risk services.
HDH’s leadership, Bryan C. Hondru, chairman, and Frank G. Mikan, CEO, will join Hub, as well as Anthony J. Kocis, executive vice president, who will become president of the new Hub regional operations. Kocis will report to Jack McGrath, Central Region president, Hub International.
Hub said HDH is one of the largest brokerages in western Pennsylvania and the transaction represents an opportunity for Hub to establish a new presence in the region and expand and grow into Pennsylvania and Ohio.
Hub also said HDH brings an expertise in employee benefits services and will expand that offering with Hub benefit services including strategic benefits planning, population health management, employee engagement and communication, healthcare reform guidance and compliance and exchange technology services. The firm also will leverage Hub’s national carrier network to bring priority claims and underwriting as well as comprehensive risk services.
Headquartered in Chicago, Hub International Limited is an insurance brokerage that provides property/casualty, life and health, employee benefits, investment and risk management products and services through offices located in North America.
Was this article valuable?
Here are more articles you may enjoy.