Insurance Executive Peter Harris Explains How He Grew CBL Using Innovative Strategies

Peter Harris is an international businessman who resides in Auckland, New Zealand. He began his career working as a chartered accountant. In 1989, he became the finance director and shareholder of Boston Marks Group Ltd. After a four-year stint at General Capital Ltd. as its chief executive officer, he joined CBL in 1996. He was named CEO and managing director of the insurance firm in 2007.

Under his leadership, CBL became the largest insurance firm based in New Zealand. It had clients around the world, including Malaysia and France. Its financial health was rated as A-(Excellent) by the international rating frim AM Best. CBL was earning more than $400 million a year in 2018. Peter Harris was recognized with multiple accolades, such as the EY Awards naming him “Entrepreneur of the Year.”

In 2018, French insurers unfairly targeted CBL. Peter Harris explains this resulted in the Reserve Bank of New Zealand (RBNZ) investigating his company. RBNZ assigned an inexperienced liquidator to the case, which resulted in Peter Harris and his fellow shareholder Alistair Hutchison losing what they had built up over the years. Peter Harris has been working to make sure all of his company’s residual creditors and policyholders are taken care of.

Earlier in his career, Peter Harris realized that a great profit could be attained by taking on more risk than most banks. He saw the risks could be mitigated through innovations. This included surety solutions, guarantees, and credit enhancements. He put the plan into action in 1996 after buying an insurance company. It was a small business, but Peter Harris and his business partner saw enormous potential.

Peter Harris recalls that they realized they would need to expand internationally to be truly successful as New Zealand had a population of just four million people. They sought clients and opportunities overseas, including in Asia and Europe. This coincided with the rise of the internet and email making it far easier to do business on a global scale. He put the long-term good of the company over short-term results, a strategy that paid off in two years as the company became profitable and had tremendous growth.

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After two and a half decades in the service, James Reese started a new chapter. He left military decorated as well as hailed as one of the finest individual operators in the modern military.

With a proactive mindset, James Reese founded TigerSwan LLC in 2008. The firm offers government and client solutions for safe operations. TigerSwan’s vision and goals were to solve current world issues like fraud and corruption.

To maximize their services and deliver, the TigerSwan team is available on the dial. Any day of the week, any hour. In the three hundred and sixty-five days, they can serve their clients.

The concept of TigerSwan was James Reese’s idea in his last rotation in the army. But he needed more insight into the concept. He shared the idea with one of his colleagues, and they forged ahead.

Jim Reese receives Patriot Award with Ken Oppenheim, Area Chair of ESGR North Carolina and Lieutenant Brandon Hough of North Carolina National Guard.

TigerSwan’s major break was with a major defense contract. The contract gave them the necessary capital to invest in TigerSwan. He reinvested by buying the new business and hiring new personnel.

James Reese’s motivation at the beginning was changing the world. His vision for TigerSwan was a combination of veterans and like-minded people, both making a difference to the world.

From Military to Business

James Reese was entrepreneurial. He was determined to re-enter the civilian world and ace economic opportunities. With TigerSwan, he has been able to achieve that.

Currently, the firm is a global organization. It is in over fifty countries. As a leader, he faces the risk of doing business and liability.

One of his hardest transition was on leadership. In the military, all he knew the team had to be perfect. But in business, there is a lot to be considered, for example, financial aspects.

James Reese says being able to balance human capital and economic aspect. At TigerSwan, he is keen to balance the budget and competent personnel. Since there is no micromanagement, he looks for staff who are self-driven.

Recently, TigerSwan services focused on the tactfulness of Chevy Tahoe and Suburban. Both vehicles are in the U.S special force and secret agent. With James Reese, the company divulges why the cars are preferred.

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Fortress Investment Group Keeps Up Their Tradition Of Trendsetting

Fortress Investment Group has gained a reputation for innovation over the last two decades and this tradition looks like it could continue for years to come with the big things that are taking place at the company. In 1998, the private investment firm was co-founded by Randal Nardone, Wes Edens, and Rob Kauffman. Kauffman went on to retire from Fortress Investment Group in 2012, but Randal Nardone and Wes Edens remain on as Principals. The founders of the company brought with them several years of experience in big firms in the financial industry. The investments that Fortress Investment Group makes are known to be very diverse and based in different countries around the world. Recently, they even got into the natural gas and oil industry to help fuel one of their other projects.

One of the big events in which Fortress Investment first started making headlines was back in 2007 when they released the Initial Public Offering to the New York Stock Exchange. A large private equity firm like them had never made themselves public before and it served them well for several years. They thrived so much as a public company that other private firms joined them with their own Initial Public Offerings. Like all good things, that particular market came to an end and the company realized that it was time for them to look towards changing things up significantly.

In 2017, Fortress Investment Group accepted an offer for $3.3 billion from Softbank to purchase the company. After becoming a subsidiary company of SoftBank, they were able to stop trading as a public company on the New York Stock Exchange. The company was wanting to look towards the future instead of just trying to make shareholders happy during the next quarter. Fortress Investment Group has already been able to make some big moves with long-term plans such as railways, energy companies, and other large-scale endeavors. Only time will tell if other companies like theirs will attempt to go private like they had been in years before the changes in the market. It will be interesting to see what the trendsetters do next.

A Force of Innovation: Two Decades of Fortress Investment Group

Steve Ritchie’s Journey In The Pizza Industry – From Pizza Man To Papa John’s

Steve Ritchie became Papa John’s Chief Executive Officer at the beginning of 2018 and has since worked to rebuild the reputation of the brand and put it back at the top of the mountain. His career in the industry started way back when he was still a teenager, and he managed to climb through the ranks over the years, being appointed at the helm of the company in 2018.

His first venture in the pizza industry started after he left his job at Burger King and started working Pizza Man, a small shop that he ended up acquiring. The store got robbed a few times, and the owner, Richard Paulmannsaid and he sold it to Ritchie for the price of $16,000 – with the capital being provided by Ritchie’s late grandfather.

The transaction took place when Ritchie was 18 years old and still a high school student. Instead of going to college, Ritchie dedicated himself to the business, and spent the following 2 years working every day for 14 hours in order to keep the business afloat. While the business didn’t take off, Ritchie talked about the venture as teaching him the values of work, pointing out that his refusal to fail is what kept the business going for that long.

He started working for Papa John’s in 1996, taking phone orders at a store located in St. Matthews, and making $6 per hour. Despite those humble beginning, Ritchie rose through the ranks, having various roles within the company through the years – from manager all the way to Chief Executive Officer. At the age of 36 he was entrusted with running all the 650 stores owned by Papa John’s in the United States, and only 2 years later he became the Senior Vice President for Global Operations, which meant that he was in charge of a total of 4,200 stores spread across 35 countries.

Up-close with Successful Businessman Glen Wakeman.

Glen Wakeman is a renowned and inspirational businessman, a CEO, and mentor. Glen has over two decades experience in business development (Facebook). He is a passionate entrepreneur, who desires to improve businesses and empower people with methods that will help them improve business performance.

The five modes are; leadership skill, Glen believes it is essential to be ready for change to succeed. Human capital, for any business to thrive the tactics, mission and vision need to be realistic to achieve the company’s goal.

Another method is risk management process, every business is bound to experience risks, it is, therefore, important to put in place methods that will mitigate the effects of the risk. Execution of ideas and plans, success is wholly achieved when plans executed correctly, and by the right person, the final method is governance, this merely allows employees to respect the chain of command and this creates a better working environment. These are some of the key pointers that Glen Wakeman highly recommends to any entrepreneur.

Apart from being a successful businessman, Glen also initiated Nova Four and is also the president. Nova Four is a venture that aims at providing advice and provide loans for upcoming companies.

He is also working with young entrepreneurs, and through the coaching, Glen started, LPTK is an online platform that provides business plans and uses digital marketing to attract new clients.

In a recent interview, Glen Wakeman explained how he came up with LPTK. Glen has been in business for many years now, and he observed that new companies had a higher failure rate. With these statistics, he decided to start a simple software that would help boost the income rates for upcoming entrepreneurs.

To achieve success, it is vital to plan on how to bring your ideas to life, Glen’s views are made possible when he forces himself to explain to others, this obviously means that he needs a plan and needs to carefully analyze to defend them to others. An interesting attribute about Glen is that he seeks people who will not agree with him, this thus allows him to expand his thinking and see things in different dimensions.

To be a successful businessman; there are certain habits that make us who we are. Glen’s practice is his curiosity, this trait helps him preserver through hard projects, and it helps him learn new things that will better his life.

Final remarks.

Glen secret to a successful business is always seeking to increase his physical interaction and associate with like-minded people who will challenge him to be a better person.