Hub acquires Pennsylvania employee benefits, wealth management firm

Hub International, the large global insurance brokerage, has acquired Hubbard-Bert, Inc., an employee benefits and wealth management firm based in Erie, Pa.

Terms of the acquisition were not disclosed.

Hubbard-Bert specializes in employee benefits. Hubbard-Bert’s leadership team of David Ciacchini, Joe Kelly and Mark Salvia will join Hub’s wholly owned affiliate, The HDH Group, Inc. (Hub HDH) and report to Tony Kocis, President, Hub HDH.

Additionally, Hubbard-Bert’s BAI and wealth management and pension services lines of business were included as part of the acquisition. BAI offers full-service third-party administrator services, specializing in COBRA administration, spending accounts, dental, vision, and ACA reporting. Wealth Management and Pension Services offers retirement and financial planning services.

“Hubbard-Bert is the leading employee benefits consulting firm in Northwestern Pennsylvania and has been an innovator for many years. The well-rounded approach Hubbard-Bert provides makes them an invaluable partner to their clients. Hubbard-Bert joins Hub HDH and strengthens our presence in Western Pennsylvania and furthers our goal to be the premier employee benefits brokerage in the region,” said Kocis.