http://www.theage.com.au/business/qbe-offshoring-plan-hits-a-setback-20130722-2qes9.html
QBE's move to outsource key information technology functions has been hit by privacy concerns, with state authorities holding a firm line and saying certain insurance operations cannot be sent overseas.
As part of a cost-cutting drive, QBE plans to outsource its Australian IT development and testing to Accenture and MphasiS in India, in changes expected to cost about 100 domestic jobs.
Since the cuts were announced earlier this year, BusinessDay understands QBE has held meetings with state and federal regulators over the plan and the insurance company is now retaining some extra staff in Australia in order to comply with Victoria's strict policy on workers compensation insurance data.
Several regulators had still not approved the outsourcing plan late last month, even though the handover to contractors is set to take place next month - a point that was flagged within QBE as a potential risk
Read more: http://www.theage.com.au/business/qbe-offshoring-plan-hits-a-setback-20130722-2qes9.html#ixzz2ZpKGzMIh
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