Berkshire Hathaway Specialty Allowance said it has agreed to acquirement the assets of MyAssist Inc., a live-agent claimed babysitter and telematics account provider, and Insure America LLC, a alcove affairs ambassador that provides allowance accessories to the biking industry, from Noel Group.
The advertisement said John Noel, founder, administrator and CEO of Noel Group, will abide to arch the MyAssist and Insure America operations and focus on growing these businesses globally.
Peter Eastwood, admiral of Berkshire Hathaway Specialty Insurance, said the two firms will advice his aggregation extend its cast and actualize new business opportunities.
“We are abutting abeyant acquisitions strategically and carefully as we body our business for the continued term,” Eastwood said. “We accept MyAssist’s account of barter speaks volumes about the address of its accessories and the affection of its services.”
Eastwood said accumulated barter of MyAssist accommodate Ford Motor Co., Mercedes-Benz USA, Verizon Telematics and added arresting biking and allowance companies. MyAssist provides the owners of these cartage with in-car support.
Boston-based Berkshire Hathaway Specialty Allowance provides bartering property, casualty, healthcare liability, controlling and able curve allowance and programs in the U.S. It underwrites on the cardboard of Berkshire Hathaway’s National Indemnity accumulation of companies.
In accession to MyAssist and Insure America, Noel Accumulation owns Compass Properties, a real-estate advance company. Noel Accumulation is based in Stevens Point, Wisconsin and additionally has operations in Ft. Lauderdale, Florida.
Noel awash biking insurer Biking Guard International to American International Accumulation (AIG) in 2006. In 2008, Noel awash MultiNational Underwriters to HCC Allowance Holdings and it was renamed HCC Medical Allowance Services.
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