Incentive Systems

About Incentive Systems

Incentive Systems, Inc. (ISI) operated as a specialized consultant in the employee benefits sector, catering primarily to local and regional employers.

The firm was founded in 1970 and established its headquarters in Lansdale, Pennsylvania. For over five decades, the company focused on delivering advisory services for employee benefits packages. The core business involved structuring and managing health, life, disability, and other voluntary programs for its clients. ISI's business model centered on providing expert guidance to help businesses optimize the value and effectiveness of their employee compensation and benefits offerings, including compliance, alternative funding strategies, and claims support. The President of the company was Michael Jacobson.

A significant event in the company's history occurred on March 5, 2021, when the assets of Incentive Systems, Inc. were acquired by Hub International Limited, a major global insurance brokerage and financial services firm. The financial terms of this transaction were not made public. This acquisition was a strategic move for Hub International to accelerate its expansion within the Greater Philadelphia market. As part of the acquisition, Michael Jacobson and the ISI team were integrated into Hub's Northeast division to continue lending their experience to the larger firm's client services.