What is policy holder in SAP AP - Application Platform?

SAP Term: policy holder

• Component: AP

• Component Name: Application Platform

• Description: A party which legally holds the insurance policy.

Smart SAP Assistant

• Key Concepts: 
  A policy holder in the SAP Application Platform (AP) is an entity that holds a policy. A policy is a set of rules and regulations that govern how the AP is used. It defines the roles and responsibilities of users, as well as the security measures that must be taken to protect the system. 
  
  How to use it: 
  The policy holder is responsible for setting up and maintaining the policies for the AP. This includes setting up user roles, defining access rights, and ensuring that all security measures are in place. The policy holder also has the authority to modify or revoke policies as needed. 
  
  Tips & Tricks: 
  When setting up policies for the AP, it is important to ensure that they are comprehensive and up-to-date. Policies should be reviewed regularly to ensure that they are still relevant and effective. Additionally, it is important to ensure that all users are aware of the policies and understand their responsibilities when using the AP. 
  
  Related Information: 
  For more information on policy holders in SAP Application Platform, please refer to the SAP documentation on Security and Authorization. Additionally, you can find more information on setting up policies in the SAP Help Portal.