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GUARD Insurance

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πŸ“š Historical Mentions & Citations (1)

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2019 LetterExcerpt Available
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Late in 2012, Ajit Jain, the invaluable manager of our insurance operations, called to tell me that he was buying a tiny company β€” GUARD Insurance Group β€” in that small Pennsylvania city for $221 million (roughly its net worth at the time). He added that Sy Foguel, GUARD’s CEO, was going to be a star at Berkshire. Both GUARD and Sy were new names to me.