QBE has announced it is aligning its technology and transformation teams under one business unit within its Australian and New Zealand operations.
The company also announced the creation of a new strategy team in an attempt to strengthen and simplify its business.
QBE CEO Vivek Bhatia said the move would bring the Australia and New Zealand operations in line with other operating divisions within the group.
“Given technology's intrinsic role in delivering on our business transformation, it also makes sense to have these functions aligned under the one business unit to drive greater focus and efficiencies.”
As part of the move, QBE will appoint a new chief operations officer and a new chief information officer.
The new chief operations officer is expected to allow QBE to provide clearer lines of accountability within the organisation. They will also have end to end responsibilities for the technology and business transformation.
The new chief information officer will be moved into this team, bringing together technology, data, transformation and business operations. An internal and external recruitment process will be conducted for the redefined role.