Weekly wrap: Aussie brokerage expands in NZ

Weekly wrap: Aussie brokerage expands in NZ | Insurance Business

Weekly wrap: Aussie brokerage expands in NZ
Insurance brokers expands in NZ

Worldwide Franchise Insurance Brokers (WFIB) has signed Rothbury Insurance Brokers in New Zealand to represent the growing international model that originated from the successful online solution of National Franchise Insurance Brokers in Australia.

Australian franchisors using National Franchise Insurance Brokers (NFIB) had wanted a solution for their brand in NZ, and Rothbury was keen to get involved.
Insurers subpoenaed in Iran sanctions investigation

Chubb Corp, CNA Financial. Liberty Mutual and Navigators Group are said to have been subpoenaed by New York’s Department of Financial Services as part of an investigation into potential sanctions involving Iran, according to American news outlets.

The regulator is demanding information on their dealings with Glencore Xstrata and its Iranian metals trade.
Both Chubb and CNA told Reuters they are complying with the investigation.
Willis forecasts energy cyber-attack

The energy industry is on the brink of a cyber-attack, according to Willis.

Robin Somerville, communications director for Wills Global Energy told energy professionals at a London conference this week that the brokerage receives a cyber-attack enquiry once a week.

According to Forbes, Somerville said that it is only a “matter of time” before there is a major cyber-attack on the energy industry. He blamed weak web-based control systems and malicious code introduced by terrorists and disgruntled employees.
AILA holds first young professional event of year

The Australian Insurance Law Association is hosting the first young professionals networking event of the year on Thursday 1 May.

The event takes place at Shangri La Hotel on 176 Cumberland Street in Sydney and is from 6pm to 10pm.

RSVPS must be made by 5pm on 30 April.