Randall-Reilly Acquires Central Analysis Bureau; Deepens Transportation Data Portfolio
CAB’s management team will continue to lead the company
Randall-Reilly has acquired Central Analysis Bureau (CAB), the leading provider of risk assessment tools and data for the transportation insurance industry.
CAB’s management team, including Chief Executive Officer Jean Gardner, Chief Operating Officer Shuie Yankelewitz and Senior Vice President Chad Krueger, will continue to lead the company to ensure consistency, delivering the same high level of product customization and service that clients have come to expect.
“The CAB team understands the distinct needs of insureds, agents and insurance carriers operating within the transportation space at a granular level, which is why the CAB Reports are the gold standard for insurance companies, insurance agencies and risk management professionals,” said Prescott Shibles, EVP, general manager, of Randall-Reilly’s Equipment Division. “Their expertise, combined with Randall-Reilly’s solid track record of successfully integrating and investing in data companies, point to a bright future for this partnership, and its ability to offer deep insights to the transportation and heavy equipment industries.”
“Randall-Reilly’s RigDig Business Intelligence and unique UCC, factoring and lending data will add significant value to CAB and further enhance our client’s analysis with an even more robust reporting capability,” said Jean Gardner, CAB Chief Executive Officer. “Their leadership and our cultural compatibility give us great confidence that they will further expand and grow CAB, while continuing to effectively serve our existing clients.”
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