Insurance Brokers M&A » By The Online Investor Staff, updated Fri., Apr. 26, 2:21 PM
Recent mergers and acquisitions in the Insurance Brokers M&A category.
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Slide #34. Berkshire Hathaway Specialty Insurance — Noel Group's MyAssist Inc. and Insure America LLC
Acquirer:
Berkshire Hathaway Specialty Insurance (NYSE:BRK.B)
Acquiree:
Noel Group's MyAssist Inc. and Insure America LLC
Details:
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.
Berkshire Hathaway is a holding company. Co.'s subsidiaries are engaged in several business activities which include: underwriting private passenger automobile insurance; operation of a railroad system in North America; regulated electric and gas utility; manufacturing of products including industrial, consumer and building products; wholesale distribution of groceries and non-food items; provider of services including aviation pilot training, electronic components distribution and retailing businesses, including automotive dealerships; and manufactured housing and related consumer financing, transportation equipment, manufacturing and leasing, and furniture leasing.
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Avg. Broker Rec.
 
|
Buy (2.67 out of 4) 12nd percentile
(ranked lower than approx. 88% of all stocks covered)
Analysts' Target Price: BRK.B Stock Forecast Based on Zacks ABR data; powered by Xignite |
