Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired Pittsburgh-based The HDH Group, Inc. (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.
HDH is a full-service property and casualty, employee benefits and personal lines agency and brokerage with locations in Pittsburgh, Erie and Harrisburg, Pennsylvania. The firm also brings a unique industry focus on transportation, municipalities, healthcare, energy, and construction, as well as alternative risk solutions. 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. Mr. Kocis will report to Jack McGrath, Central Region President, Hub International.
"HDH is one of the largest brokerages in western Pennsylvania and they represent tremendous opportunity for Hub to establish a new presence in the region and expand and grow into Pennsylvania and Ohio," noted McGrath. "I personally have a long history in Pittsburgh and am excited to see Hub enter into this marketplace with a well-established firm like HDH."
HDH brings a strong expertise in employee benefits solutions 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 solutions. The firm also will leverage Hub's national carrier network to bring priority claims and underwriting as well as comprehensive risk services.
"HDH has always taken great pride in the services we provide to our loyal customers," noted Kocis. "Our decision to join Hub supports our current commercial and personal lines and employee benefits solution structure, while enhancing the added value we bring to our clients."
About Hub’s M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.
About Hub International
Headquartered in Chicago, IL, Hub International Limited is a leading global insurance brokerage that provides property and casualty, life and health, employee benefits, investment and risk management products and services from offices located throughout North America. For more information, please visit hubinternational.com.
Hub International Limited
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Hub International Limited
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Source: HUB International Limited