Company Description

Nuernberger Beteiligungs AG, through its subsidiaries, offers a comprehensive range of insurance and reinsurance products. These include life insurance, disability insurance, accident, fire, theft, liability, health, and automobile insurance policies. With a strong presence in the insurance sector, Nuernberger Beteiligungs AG is dedicated to providing reliable and diverse insurance solutions to its clients.

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Problem Statement

Nuernberger Beteiligungs AG's headquarters decided to sell its business operations in Austria to MERKUR Group. This carve-out required transferring the Austrian subsidiary's data and systems seamlessly to MERKUR Group, ensuring that the transition did not disrupt ongoing operations. The primary challenge was to separate and secure the data specific to the Austrian subsidiary while ensuring privacy and compliance. Additionally, it was crucial to maintain the operational integrity of the Austrian subsidiary during and after the transition.

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Solution That Was Implemented

To address this complex challenge, a specialized solution using SAP and their System Landscape Optimization (SLO) tool was implemented. The process involved several critical steps:

1. Data Separation: The first step was to isolate the data specific to the Austrian subsidiary from all other company data within the SAP system. This ensured that only relevant data was transferred, maintaining privacy and compliance with regulatory requirements.
2. Production Copy: A copy of the production environment from the German headquarters was created. This served as the basis for the transition, ensuring that the Austrian subsidiary's operations could continue uninterrupted.
3. Data Deletion: Using the SLO tool, data that did not belong to the Austrian subsidiary was meticulously deleted from the copied production environment. This step was essential to ensure that only the necessary and relevant data was included in the transition.
4. S4 System Implementation: The entire process was executed on the S4 system, leveraging its advanced capabilities to ensure a smooth and efficient transition

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Value Added

The successful implementation of this solution provided significant value to all parties involved:

• Nuernberger Beteiligungs AG: The company was able to complete the carve-out efficiently, meeting all privacy and compliance requirements. This ensured a smooth transition of the Austrian subsidiary to MERKUR Group without any operational disruptions.
• Austrian Subsidiary: The Austrian company continued its operations seamlessly during and after the transition. This ensured business continuity and maintained the trust of clients and stakeholders.
• MERKUR Group: The transition was completed without any issues, allowing MERKUR Group to integrate the Austrian subsidiary into their operations smoothly. This successful carve-out enabled MERKUR Group to expand its business without facing any initial operational challenges.

In conclusion, the carve-out of Nuernberger Beteiligungs AG's Austrian subsidiary to MERKUR Group was a complex yet successfully executed project. By utilizing SAP's SLO tool and a meticulous data management process, the transition was completed efficiently, ensuring privacy, compliance, and operational continuity. This case study highlights the importance of strategic planning and advanced technological solutions in executing successful business transitions in the insurance sector.

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