Berkshire Hathaway forte insurance stated it has agreed to
purchase the assets of MyAssist Inc., a stay-agent private concierge and
telematics provider company, and Insure the united states LLC, a spot
application administrator that offers coverage merchandise to the journey
industry, from Noel group.
The statement stated John Noel, founder, chairman and CEO of
Noel institution, will retain to go the MyAssist and Insure the united
states operations and recognition on growing
these companies globally.
Peter Eastwood, president of Berkshire Hathaway strong point
coverage, said the two firms will help his enterprise amplify its brand and
create new enterprise opportunities.
“we're drawing close capacity acquisitions strategically and
thoughtfully as we build our enterprise for the long time,”
Eastwood stated. “We agree with MyAssist’s listing of
clients speaks volumes approximately the enchantment of its merchandise and the
satisfactory of its services.”
Eastwood stated corporate clients of MyAssist consist of
Ford Motor Co., Mercedes-Benz america,
Verizon Telematics and different distinguished travel and insurance agencies.
MyAssist offers the owners of those cars with in-car guide.
Boston-based totally Berkshire Hathaway distinctiveness
coverage offers commercial belongings, casualty, healthcare liability,
government and professional traces insurance and programs within the U.S.
It underwrites on the paper of Berkshire Hathaway’s country wide Indemnity
organization of businesses.
further to MyAssist and Insure america,
Noel organization owns Compass homes, a real-estate funding organization. Noel institution is based totally in Stevens
factor, Wisconsin and
additionally has operations in ft. Lauderdale, Florida.
Noel offered journey insurer travel defend worldwide to
American international institution (AIG) in 2006. In 2008, Noel bought
MultiNational Underwriters to HCC insurance Holdings and it changed into
renamed HCC medical insurance services.
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