CBL raised $125 million through its IPO, $90 million of which was new capital earmarked for growth, including funding the firm's $46 million acquisition of Australian specialty insurer Assetinsure Holdings.
CBL, whose products include residential builder warranties and construction bonds, derives almost 98 per cent of its gross revenue outside New Zealand. It was founded more than 40 years ago, began its international expansion in 2000 and today employs more than 100 staff across eight international offices.
Harris said the firm was continuing to deploy the cash raised in the IPO.
"While we will continue to drive organic growth, we will also consider opportunities to acquire businesses that will further enhance or support existing businesses or provide the group with access to markets."