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.

Read more here

Sergey Petrossov


As an industry, private charter flights were once the purview of the rich and famous.  When Sergey Petrossov was asked to join a private charter flight what he found was an outdated, archaic system much in need of a modern overhaul.  So, he went to work.  He founded JetSmarter with the fundamental idea of creating a system that was more efficient, more cost effective and available to the broader market.

Since starting the company, it has grown to a $1.5 billion valuation.  Through its innovative app, customers are able to book flights worldwide to the destination of their choosing.  They are also able to book flights with other customers who have already booked and share the ride.  This has earned them the nickname of being the “Uber” of private charter flights.   While this appellation may be a tad unfair, the company is setting its sights on redefining the private charter space and making better use of their plane’s flight time.  The less time they spend on the ground, the more the company can earn.  This savings then gets passed on to the customer.  With more planes in the air, customers save.  This also means that the customer base broadens.  With private charter flights within reach of more customers, everybody wins. 


The idea was simple.  Turn underutilized flight time into income generating business.  The answer was to become a distribution network for multiple operators.  In doing so, JetSmarter and Sergey Petrossov have created a new market.  To date, they have integrated 3,000 planes into their system.  By keeping planes flying when not in use, they’ve created a third-party market that makes money for the company and the plane’s owner.  It’s a win, win, win. 

Jed McCaleb Strongly Believes A Single Blockchain Powered Payment System Is The Way Of The Future

Many individuals hearing the name Jed McCaleb immediately think of Stellar. This is a decentralized system created to improve the human condition by leveraging technology. Stellar was founded because Jeb McCaleb had no doubt the financial infrastructure of the world was broken. This left far too many people with no resources. He additionally founded Mt. Gox. He believes the entire world will eventually see a single payment system powered by Blockchain. Stellar is an international payment system powered by Blockchain and similar to Ripple.

Jed McCaleb believes an operable universal payments network will be available in the future. He feels it is possible for a hybrid system to use the Blockchain to facilitate flat currencies. Woon Bank in South Korea has already lined up Ripple for a commercial basis implementation in 2018. Financial institutions are considering both Ripple and Stellar as a way to shake up their current remittance models. A universal payment network may be achieved by 2028 using the blockchain technology of Stellar. This would be capable of processing traditional assets including shares and stocks as well as payments.

Jed McCaleb stated he believes all equity will be tokenized though blockchain. He says this potential change will happen before 2028. The XLM or Stellar Lumens token has been moving upwards for quite some time. Yesterday it dropped to $0.2512. Future drawbacks have been somewhat neutralized due to adopting the lightning network. This caught the attention of the press. Jed McCaleb has been involved with developing crypto for a long time. He predicted the international financial system including fundraising, payments and the stock market will be changed by technology by 2028.

Jed McCaleb’s resume includes serving as the Chief Executive Officer for Stellar and creating the Mt. Gox exchange. His input should not be ignored. He does not believe the market is currently being tapped due to the phenomenon of ICO’s or initial coin offerings. In four years, these ICO’s have assisted in raising almost $9 billion. Unfortunately, this has led to fraudsters using the new technology to take advantage. The have raised funds with this technology and investors have been left without their cash.

Extra source:

Jed Mccaleb As The Investor With A Purpose

Jed McCaleb is a well-known business man who has ventured into technological investments. He has grown his interest and specialized in the software sector as a software developer. The ventures he has been involved into are to help change the society and bring developments in areas where there seem to have gaps. His skills and knowledge have made it possible for him to venture into software developing and thrive.

Through experience and urge to serve the community, he started Stellar Company which has grown to benefit many people globally. The company was initiated to allow cross-border transactions where anyone from anyplace can do money transaction easily. It has been possible as the company has been developed in a way that it accommodated several currencies and works from many countries.

The ability to ensure transactions are done easily and are secure and safe has made people trust and rely on the company even more. Therefore, this is one aspect that has ensured the growth of the company. In addition to that, Jed McCaleb works with a group of team workers who are determined and share the same vision and goals in the company. For this reason, they work using lots of effort to serve the customers to ensure everything runs as required.

The Stellar Company provides many services to the public as it has specialized in many sectors. One of the services it provides is giving an outline of the Forex. It works to give guidance to investors and traders as a way to improve them. The provisions in the company have made the company grow broadly over the years. This is because the transactions made are safe, secure and can be reliable. Moreover, the company works on the principle of trust and credibility.

Jed McCaleb started the company with the purpose of creating a banking option to people especially those who did not go to seek for banking services. To be termed better, it uses various currencies and works as an online venture making the people rely on it. It is an online business which makes it possible for people to access it regardless of the location they are in. Therefore, Stellar Company was started to help the community and society to thrive and not to lag behind in poverty or any other stumbling blocks.

Stellar Lumens will lead to new financial payment system as per McCaleb:

Martin Lustgarten, an Expert in Investment Advisory

An investment bank is a financial institution that works in high-finance by helping governments, corporations, and individual investors access capital markets and raise money for business expansion. If a clients want to sell their bonds, investment bank acts as their agent and handles the paperwork along with accountants and lawyers.

Functions of an investment bank:

Raise Capital

Investment banks act as middlemen in the issuance of bonds. It helps launch an IPO or create preferred stock placed with investors such as banks or insurance companies.

Mergers and Acquisition

Investment banks provide advisory services on pricing, valuation as well as the procedure and execution of a transaction.

Securities trade

Investment banks link buyers with the sellers as well as selling securities on behalf of their clients.

Commercial and retail banking services

Upon the repeal of Glass-Steagall Act in 1999, investment banking sector can now provide deposit services like commercial banking.

Front and back office services

Investment banks offer front office services like financial advisory services. Conversely, its back office functions involve corporate strategy, risk management, and financial control.

Martin Lustgarten

As the American economy recovers from the Great Recession, millions of people now focus in the future. Initially, having a successful retirement plan seemed like a dream; however, with investment tips, retirees make that dream a reality. Therefore, people wishing to retire comfortably should start planning their retirement now. Americans need investment experts like Martin Lustgarten on their side to plan a successful retirement plan. Lustgarten is among the brightest minds in investment banking with a significant contribution towards the success of his clients.

As a citizen of Austria and Venezuela, Martin Lustgarten capitalizes his dual citizenship to provide financial advisory services. He has extensive knowledge in observing emerging economic trends. As such, he can predict oncoming market trends and acts quickly before the market fluctuates. Furthermore, Lustgarten encourages investors to keep a diverse global portfolio, as it reduces the expected risk while benefiting from the local economy. Therefore, investors wishing to realize their retirement dream should consistently follow Martin’s investment tips. Martin’s moves inform the productive investments that an investor should take in the future.

For more information please visit

U.S Money Reserve For Investments In Precious Metals

U.S Money Reserve is the nation’s largest distributor of gold, silver and platinum coins issued by the government. The company was started by gold market veterans who aimed at incorporating gold market knowledge with top-notch customer service. They help clients navigate through the process of selling or acquiring precious metals. Ownership of precious metals is meant to serve the purpose of safeguarding one’s wealth. However, the market for these precious metals is unregulated and associated with many risks. The prices of these precious metals are unstable, they can rise or fall rapidly and therefore those seeking to invest in the ownership of gold, silver and platinum coins are guided by the senior gold experts at U.S Money Reserve. A detailed explanation about purchasing the government issued coins is provided to the clients to enable them make informed decisions.
Purchasing or selling the government issued coins is associated with risks. It is not guaranteed that the value of the precious metals will remain the same or add value. At times the value of these precious metals declines. U.S Money reserves advices their clients that they must be willing and able to take risk associated with the value changes. The gold experts at U.S Money Reserve evaluate the markets to ensure the risk being taken by their clients is able to gain a reward in the long run. According to the U.S Money Reserve the factors that affect the value of the government issued coins include the stock market performance, supply and demand, inflation and the international monetary conditions. U.S Money Reserve, however, believes in the long term ability of these precious metals to add value and increase the reward for the investor. The precious metals are regarded as a long term way of preserving wealth.
The grading and description of gold, silver and platinum coins for the U.S Money Reserve depends on independent grading services such as that of Professional Coin Grading Services. These recognized grading services are able to certify their coins as well as guarantee them. However, the grades and descriptions of gold, silver and platinum coins are not facts but opinions which rely on standards and interpretations which may vary due to the changes that occur in the market over time. Therefore, U.S Money Reserve does not guarantee that in the future the coins will receive the same grades and descriptions from the independent grading service. With this kind of knowledge about the gold markets, clients have been able to trust them with the distribution of the precious metals.

The Many Benefits Of Purchasing With U.S. Money Reserve

U.S. Money Reserve is a firm that offers experience in precious metal commodity investment and distribution legal tinder and United States minted gold, silver, platinum and palladium coins. The U.S. Money reserve has been in business for over 10 years, and it has offered the majority of its several hundred thousand clients a return on their investment, and it continues to garner praise from its clientèle for a number of things. Clients are able to physically possess their purchases. Clients also have the exclusive opportunity to possess high caliber coins. U.S. Money Reserve also offers great incentives for buying and investing protection. U.S. Money Reserve is the top firm to purchase precious metals from for Unites States investors.

When clients sign up for an account with U.S. Money Reserve and make purchases, they are able to physically see and hold their purchase. The coins and bullion are not in the form of electronic or paper certificates. The currency distributed by U.S. Money Reserve is minted inside the United States, is legal tinder inside the country and it can be delivered to the client’s home or bank to be physically held and inspected.

The U.S. Money Reserve has been making mass purchases for over a decade now, and it has purchasing power from the government that affords its clients the best caliber coins available. The advantage to purchasing such high grade silver, gold and platinum coins and bullion is the chance for optimal value increase. If a client possesses the highest grade minted per metal, then the client stands to make the best return on an increase in market value.

Clients have special offers made to them at U.S. Money Reserve. They are allowed to return their certified coins within 30 days of the original purchases date if the purchase does not meet their satisfaction. If a client waits longer than 60 days, then the client can still return certified coins, but they’ll not have the full purchase price return guarantee. That is still an amazing offer for a product of any kind to be accepted over 60 days later for return.

U.S. Money Reserve has many other great benefits available for current customers and for new customers. The firm is run by highly experienced investors that know what they are talking about too. In addition to the sound advice, clients are offered the highest quality coins and amazing price protection.

TThe Center Stage For The Sale Of The Best Precious Metal In The World: US Money Reserve Company

In the money world, a reserve currency means a currency that is possessed by the federal institution in large amounts for the purpose of foreign exchange reserves. International transactions usually utilize this reserve currency .The advantage of citizens who live in a nation that issues a reserve currency is that they can buy imports and borrow from other nations at a cheaper price than non- citizens. This is because the need to exchange their currency for transactions with other nations is eliminated.

The modern concept of a reserve currency developed in the mid-nineteenth century. It came with the formation of treasuries and national central banks. The world also had started to become a closely integrated economy. The pound sterling was in previous times the dominant currency since it was put on the gold standards. Thus, most of the world’s trade was done using the sterling. However, the Bretton Woods System, after World War II, put in place the United States Dollar as the currency to hold the financial system by guaranteeing other central banks that the United States could offer their Dollar reserves in exchange for gold at a fixed rate. This has attributed greatly to the modern money reserves.

The US Money Reserve was formed by the then gold market experts .It was upon developing the need to integrate high skilled customer service, trustworthy guidance in purchase of precious metal and the expert knowledge of the precious metals. Currently, it is AAA rated by the Business Consumer Alliance. This has propelled it to one of the world’s most trusted and largest distributors of the United States government precious metal coins such as gold and silver.

Under the leadership and guidance of former US Mint Director, Philip Diehl, it has done its best to offer and issue the best United States Issued gold, silver and platinum coins available on the market today. Its excellent expertise in in precious metal coins and guidance in precious metal purchases has elevated clients’ trustworthiness in the reserve. This is because they are certain of receiving exceptional coins of high value. Consequently, this has led to the profit levels that most of the clients nowadays enjoy thanks to the fine services of the US Money Reserve.

A team more than a hundred highly trained and qualified professionals is always ready to serve clients of the company. They range from professionals in various departments and include Senior Gold Specialists, Industry Leading Numismatic Expert, Customer Relations Department, Business Support Development, Inventory Department, Vault and shipping Department, Coin Research Professionals, Sales Verification Personnel and the Compliance and Standards Department.
The US Money Reserve Company is located in Austin, Texas. It boasts of $100 to 500 million in annual revenue estimates. This comes from sales ranging from the gold coins, silver coins, platinum coins, gold bullion and silver bullion.

Life Is A Lot Like Driving A Stick Shift

Marc Sparks produces a lot of interesting content on his blog. Some of the titles to his entries are intriguing. The one entry telling his readers to learn how to drive a stick shift seems more than a bit perplexing. Why give driving advice on a business blog? Per the author, learning how to drive a stick shift requires discipline and skill. A time investment must be made. The world has gotten a little bit too used to driving an automatic transmission. Sure, things are easier this way but learning a new and difficult skill always brings forth benefits.

Marc Sparks presents learning how to drive a stick shift as an analogy to the biggest problem people end up facing in the business world. They become too complacent. The reason they are complacent is things operate in too smooth of a manner too often. On the surface, this is not a bad thing. Streamlining operations improves how a business runs. Cutting out extra steps and burdens is smart management. Where things go wrong is when no one is prepared to handle situations when not everything is smooth and problems arise.

Gaining an understanding of how to deal with bumpier roads is a lot like driving a stick shift. It is not hard when someone is trained for the task. In fact, no real hurdles to achieving a result are presents. A few undesirable inconveniences may be annoying, but things can be navigated.

So, why does Marc Sparks suggest everyone should learn how to drive a stick shift? He adheres to the age-old truth that those who can handle the little things are able to handle the big things. Investing a little bit of time learning how to drive a stick shift may lead huge rewards. Those rewards could go far beyond the obvious benefit of being able to drive cars with different types of transmissions.

Gold, Currency, and the Average Investor

Currency factors into whether or not gold prices will rise. Now, there are various factors that play a role in whether or not precious metals experience price increases per ounce. However, issues with currency are always interconnected in some way with gold prices. Devalued currency in global market generally leads to gold increasing in price. Now, this result is not guaranteed and no one knows how much gold will increase if it does. Still, many do see gold as a good hedge against negative trends with currency such as inflation.

Recently, online news sites have reported the International Monetary Fund stated a belief the global economic forecast does not look good. As a result, price of gold saw an uptick in response. This should be expected.

When currency or markets look weak, a common response is gold increases in price. There is simply more demand for it. When people see currency or stocks looking grim, they seek out gold. As more people purchase gold, supply decreases as demand increases. This, in turn, helps drive the price up.

Anyone who has money invested in stocks, certificates of deposit, or other investments likely is going to worry when the value of currency is declining. Buying gold acts as a way of protecting personal net worth. Just because inflation is ravaging a country or the stock market is doing purely, this does not mean the price of gold will automatically be negatively affected. Once again, gold usually increases in price when these economic situations play out.

Anyone interested in purchasing gold does have to look towards a reliable seller. U.S. Money Reserve is a company that has helped scores of customers purchase gold coins. Even those who have never, ever purchased gold in the past can feel confident to work with U.S. Money Reserve. The company has an excellent customer service system and this helps make transactions easy for all involved.

Anyone who is reading up about increases in the price of gold may be thinking about buying such coins. The best advice is to continue reading and researching in order to arrive at the best decision in regards the proper investment to make.