Like many fast-growing companies, we went through a period where cost management was not a priority. That ends now,

We were told by state emergency management director Jack Colley, 'Do what you need to do to get your county up and running. We did that. We used generators to get our water system running again. But after the fact everyone started coming in and picking nits and suddenly they weren't going to pay for these things.

A lot of the management of distribution is common sense. The problem is getting everyone's interests reasonably well aligned, getting people to play nicely together even though their interests are often not strictly aligned, and getting people to not act as though everything is a pure zero-sum game.

Management offered a strategic update with no real surprises.

We will do our very best to minimize the disruption to their operation and our management and salaried team will be addressing their priority needs.

Peter has extensive international auditing experience and is highly regarded as an expert in risk management and internal-audit best practice. These traits, among others, will be of tremendous benefit to Scottish Re and will further add to the company's commitment to regulatory compliance, organizational effectiveness and corporate governance.