Berkshire Hathaway Specialty Insurance has signed an agreement to purchase MyAssist Inc. and Insure America LLC from Noel Group.
MyAssist is a live-agent personal-assistance and telematics service provider and Insure America LLC is a niche program administrator which provides insurance products to the travel industry.
John Noel, founder, chairman and CEO of Noel Group, will continue to head the MyAssist and Insure America operations and focus on growing these businesses globally.
"MyAssist, Insure America and their leadership teams, with their records of innovative and outstanding service, fit extremely well with Berkshire Hathaway," said Peter Eastwood, president of Berkshire Hathaway Specialty Insurance. “Their unique capabilities complement our existing positions in insurance and customer service, and will help us extend our brand and create new business opportunities."
“We are honored to be part of the world-class group of companies that is Berkshire Hathaway. This opportunity allows us to grow our businesses and enhance the high-quality experience currently enjoyed by MyAssist and Insure America customers,” said Noel.