IT Function carve-out
Overview
Supported an intragroup IT carve-out by reallocating services, resources and assets for our client, a recognized leader in insurance and asset management sector, to achieve a simplified and more efficient IT operating model.
INDUSTRIES
InsuranceBackground
Our client needed to ensure strong alignment between local and Group governance while maintaining effective delivery. Top Management required support to manage complex transformation initiatives, standardize IT governance and processes with global models, and gain clarity on application services, SLAs, cost allocation and operating efficiency during organizational change.
Challenge
Delivery challenges included aligning local and global stakeholders, designing a new IT governance without disrupting operations, standardizing services and SLAs, managing organizational change, and defining transparent cost chargeback models under demanding timelines.
Approach
BIP supports Top Management in Delivery and Project Management activities, ensuring Local Program governance and alignment with the Group-level Gearshift Program. It includes designing the target organization, IT governance, and interaction processes aligned with global standards, analyzing applications, finalizing ITSOA Service Offerings and BTA SLAs, executing Change Management, and defining cost allocation models and the Transfer Business Case.
Results
Results Achieved
BIP delivered a professional, harmonized IT system integrated locally and group-wide, enabling unified interfaces between IT and Business. It insourced expertise to align AM activities with Group standards, meeting client and business needs, and standardized service models through global processes to enhance efficiency and reduce risks.