NEW: Noel Group Sells Some Assets to Boston Company

Boston- based Berkshire Hathaway Specialty Insurance today announced that it has signed an agreement to purchase from Noel Group the assets of MyAssist Inc., a live-agent personal-assistance and telematics service provider, and Insure America LLC, a niche program administrator which provides insurance products to the travel industry.
It is not known whether the sale will affect local jobs.
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, a pioneer in the travel-insurance and telematics industries.
“We are approaching potential acquisitions strategically and thoughtfully as we build our business for the long term,” Eastwood said. “We believe MyAssist’s list of customers speaks volumes about the appeal of its products and the quality of its services.” Corporate customers of MyAssist include Ford Motor Company, Mercedes-Benz USA, Verizon Telematics and other prominent travel and insurance companies.
About Noel Group
Noel Group is a family of companies built around integrity, honesty, philanthropy, and world-class customer service. Noel Group companies are MyAssist™, a live-agent personal assistance and telematics service for individuals and companies; Compass Properties™, a real-estate investment company; and Insure America™, a specialty insurance program. Company founders John and Patty Noel are proud to support philanthropic missions around the world, like Make A Mark Foundation, Trees4Children and the Noel Compass Scholars program.