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CARPROOF welcomes Fabian Richenberger as Head of Financial Services

LONDON, ON, Jan. 5, 2015 – CARPROOF Corporation is pleased to welcome Fabian Richenberger to the management team as the Head of Financial Services. In his new role, Mr. Richenberger will be responsible for building out additional value-added services beyond CARPROOF’s best-in-class vehicle history report for insurance companies, banks, lenders and others in the financial services industry.

Mr. Richenberger has gained broad experience in the insurance, finance and banking industries as a result of his international career. For the last four years, he was the President of Northbridge Insurance, a Canadian insurance company, and prior to that, held senior executive roles with Zurich Insurance in Canada, the U.S. and Europe. He started his career in banking in Switzerland working for UBS. After relocating to Canada in 1997, Mr. Richenberger completed his Executive MBA at the University of Toronto in 2000.

“We’re excited to welcome Fabian to CARPROOF,” said Ed Woiteshek, President and CEO at CARPROOF. “Fabian’s experience and knowledge of the financial services industry will be an integral part of growing and developing this new vertical and will take CARPROOF from the role of vendor in the financial services space to that of a true partner.”

“I’m thrilled to join the CARPROOF team,” said Mr. Richenberger. “This is a great company with an incredibly entrepreneurial culture. We will use the vast amount of data assets that CARPROOF owns to create additional insights and value for our customers and partners in the financial services industry.”

Mr. Richenberger will be based in Toronto, Ontario and will work with CARPROOF Corporate Accounts Manager Bryan Smith on many initiatives.

CARPROOF’s expansion into the financial services space is part of the company’s strategic plan to become a multi-product, multi-vertical company. CARPROOF is focused on creating nextgeneration solutions to help customers make the right decisions based on trusted, impartial and comprehensive used vehicle information.




About CARPROOF

CARPROOF, a unit of IHS Markit (Nasdaq: INFO), is a world-class data company that creates insight through information for the automotive industry. Offering solutions in vehicle history, appraisal, valuation and more, the CARPROOF name is synonymous with trusted, impartial and comprehensive used vehicle data. CARPROOF’s products are used by dealerships, vehicle manufacturers, consumers, major auctions, governments, insurance providers and police agencies across Canada, to help users buy, sell and appraise vehicles with full transparency. Based in London, Ontario and founded in 2000, CARPROOF has been named one of Canada’s 50 Best Managed Companies, and was also honoured with Deloitte’s 2013 Technology Fast 50™ and Fast 500™ awards. For more information about CARPROOF, visit www.carproof.com.


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For further information:
Joe Varkey
Vice-President, Marketing
CARPROOF®
1.866.835.8612 ext. 4142
joe@carproof.com

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