Regional insurer CBL has sold 8.5% of its issued capital, 20 million shares, in an effort to increase its share market liquidity. The shares were discounted 11% from Tuesday’s AU$3.35 and offloaded at just AU$3.00 per share.
The managing director of CBL, Peter Harris, sold five million shares. Alistair Hutchinson, CBL’s deputy chairman, sold 5.4 million shares. The 9.6 million additional shares sold by senior management brought the total amount that was generated to $65 million.
A number of investors from Australia and New Zealand made the purchases after the shares had bee released from escrow. This was shortly after the company’s 2016 fiscal year results were announced in February of 2017.
Peter Harris, who served as the Managing Director and CEO of CBL lead an international team. The team provided reinsurance and specialty insurance based on financial risk and credit within the contracting, building, and construction industries. He has expressed that the key to growth within international markets is building quality partnerships. By building strong partnerships with world-renowned distributors who were experts in their fields, Harris elevated CBL to an international level.
As the developer of a successful growth strategy that made CBL an international corporation, Peter Harris took CBL from just two Auckland employees to more than 550 in 25 countries.
He lead the company through its listing on both the NSX and AASX. In terms of annual GWP, Harris oversaw the growth of CBL to morph into the largest insurance company owned by New Zealand. Under his tenure, the company achieved an A investment grade rating and a positive outlook for financial strength from AM.
Peter Harris began as a manufacturing executive and investment banker prior to CBL. He moved into finance in 1989. The United Kingdom Financial Conduct Authority and the Central Bank of Ireland recognize Peter Harris as an “Authorised Person”.
Read more here https://rbnzcbl.com/news/
The world of business is a place that is open to anyone of any background. When it comes to success, the only thing standing in the way is a personal drive to push forward. James Reese entered the business industry in 2007 upon leaving a 25 year service in the military. As a Lt. Colonel, the lives of his teammates and the reputation of his country was always on the line. He believes that his abilities as a good listener and leader made him a natural born company CEO. The website for TigerSwan recently published a blog post about how James Reese evolved during his career.
James Reese believes the biggest difference between being a commander and a CEO are the expectations of those who serve underneath you. Instead of being in a life or death environment, the employees want to have long-term security. TigerSwan boasts an operation spanning numerous countries with over 300 employees in the system. The company is labeled as a Service-Disabled, Veteran-Owned Small Business (SDVOSB), where disabled military workers come to gain work experience. It creates a group space where each person is there for the same and can relate to each other on a personal level.
The skills for becoming a military commander are simple, while running a business like TigerSwan requires overcoming a high level learning curve. James Reese never imagined the amount of technical knowledge it would take to run a business. TigerSwan overseas a lot of operations and many moving parts. He had to learn about managing a budget, determining price tags, and taking into account the individual skills of each person under his wing. The recruitment and advancement process is more fluid at businesses like TigerSwan
TigerSwan is proud to have a diverse workforce where anyone from anywhere can get the skills they need to get back on their feet. The company has people from the community and other local officials passing through the office on a daily basis. The result is a business is focused on the future and bringing the TigerSwan name to more places around the world.
Read more here https://jamesreesetigerswan.contently.com/
Individuals who are identified with the military are having issues going back to their civilian life. They could not adjust easily, and they are facing different challenges attributed to their military service. However, one man – James Reese – managed to break through all of the problems associated with e-military forces and established a business for him to manage. Based in North Carolina, TigerSwan is becoming one of the fastest-growing firms that offer security services. The company recently expanded overseas, providing security services in an international level. James Reese stated that the reason why he established his company is because he wanted to be an example for service-disabled veterans that there is still life after the military.
James Reese served the United States military for twenty-five years. He also learned different skills and abilities while still in the military, and he was able to use it outside by providing security services to anyone who might need it. His training at the military allowed him to become a commander, and he is using the skills effectively. By creating a business that focuses on providing security to their clients, TigerSwan started to receive more clients, especially with the global security threat increasing day after day. Most of the attacks that are being carried out in the West are making the people feel less secure, and companies like TigerSwan provides a sense of security for those who are living in these areas. James Reese stated that their company is ready to respond whenever a threat to security has been identified, and they have a lot of resources that they can uses to protect the people.
TigerSwan, under the leadership of James Reese, has grown drastically over the years, and today, they are doing their best to inform the public about their existence and the services that they provide. The company is also growing in terms of employment, and as of 2019, TigerSwan have around 300 individuals working under different roles. There are ex-military personnel, people who worked in law enforcement, and civilians who are working together to achieve a common goal – to protect the public from different threats on a global scale.
Read more here https://www.glassdoor.com/Reviews/TigerSwan-Reviews-E1526339.htm
Many people often find themselves working low level jobs while being at the mercy of life. Some of them are lucky to hold a position of management. Even still, many people are lucky to have a job of their own that they can support themselves with. Then there are people who are CEOs that wind up making a very prosperous life for themselves and even making a difference in the communities that they live in. To be able to do this can be some of the best feelings that people can hope for. Most people are barely keeping a roof over their head with a regular minimum wage job that seems to be doing its best to get rid of them. Learn more: http://www.mlive.com/news/grand-rapids/index.ssf/2017/09/dick_devos_tapped_for_faas_top.html
One of the reasons that Dick DeVos was able to hold positions in leadership and be owners of different businesses is that he has gotten a lot of education. Another good thing is that his father was the owner of Amway which he has taken over at some point in his life. While being a business owner is one of the most secure positions one can hold in business, it is also one of the positions that require the most responsibilities.
Dick DeVos has fortunately gotten the type of education that helps him learn what to look for in a market condition so that he can find the right calibration for market conditions as they come. He is also able to look at coming market conditions so that he can prepare for the upcoming changes in the market.
In order to be a successful business owner, there are plenty of aspects of the business that need to be figured out. One of the most important aspects of business is knowing how to market. If one is unable to market, then he can gain the help of professional marketers. One of the best things about Dick DeVos is that he knew his limits. He also know how to talk to people so that he can encourage them to help with rebuilding his community in ways that he can think about. One thing that Dick DeVos has done is influence Southwest Airlines to expand into Grand Rapids Airport.