B2B data company Randall-Reilly has announced that it has acquired Central Analysis Bureau (CAB), a provider of risk assessment tools and data for the transportation insurance sector. CAB’s management team, including CEO Jean Gardner, chief operating officer Shuie Yankelewitz and senior vice president Chad Krueger, will continue to lead the company.
“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, executive vice president and 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 CAP and further enhance our clients’ analysis with an even more robust reporting capability,” Gardner said. “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.”