Professional Documents
Culture Documents
Product BRD Format v.1
Product BRD Format v.1
Document Control:
DOCUMENT IDENTIFICATION INFORMATION
Document Name <Document Name should be short and consist of the main subject of
the document>
<The Product Name must be present>
Date Created <The date when document is created>
<This will be updated as per versioning>
<The date created should be same as request date of stake holders>
Web Prompt ID/Defect <For GC System: Web prompt ID will be mentioned>
management tool ID <For Non-GC Systems: DMT ID will be mentioned>
Created By <Name of BA (Author of BRD)>
Table of Contents
1. Introduction............................................................................................................5
1.1. Background............................................................................................................5
1.2. Objectives...............................................................................................................5
1.3. Key definition.........................................................................................................5
1.4. Target Audience.....................................................................................................5
1.4.1. Users...............................................................................................................5
1.4.2. Beneficiaries...................................................................................................5
1.4.3. Other impacted parties...................................................................................5
1.5. Assumptions...........................................................................................................5
1.6. Dependencies.........................................................................................................5
1.7. Constraints..............................................................................................................6
2. Process Overview...................................................................................................6
2.1. Current Process......................................................................................................6
2.1.1. Process Diagram/ Description........................................................................6
2.1.1.1. New Policy /endorsement/Renewal...............................................................6
2.1.1.2. Limitations/ Challenges.................................................................................7
2.2. To Be Process Map................................................................................................7
3. Functional Requirements.......................................................................................8
3.1. Product Details.......................................................................................................8
3.1.1. Product Name.................................................................................................8
3.1.2. Product Code..................................................................................................8
<System generated>......................................................................................................8
3.1.3. UIN Number...................................................................................................8
3.1.4. List of Sub Products / Variants......................................................................8
3.2. Policy Term – Period.............................................................................................8
3.3. Policy Number series and Logic............................................................................8
3.4. Cover Group Items and their Categories................................................................8
3.5. Policy Sum Insured Determination........................................................................8
3.6. Major, Minor, Class, Peril, Sections, Risks, Covers, Tariff/Non-Tariff................9
3.7. Loading and Discounts...........................................................................................9
3.8. Clauses, Conditions, Warranties, Exclusions.........................................................9
3.9. Deductibles.............................................................................................................9
3.10. Plan Details/Risk Grid Details/Cover Grid Details/ Instalment Details............9
3.11. Approval Process...............................................................................................9
3.12. Business Rules and Impact on BRE Interface....................................................9
3.13. Underwriting and Rating....................................................................................9
3.13.1. UW Rules.......................................................................................................9
3.13.2. Rating Structure.............................................................................................9
3.14. Premium Computation Logic.............................................................................9
3.15. UW Master.........................................................................................................9
3.16. Quotation..........................................................................................................10
3.16.1. Quick Quote.................................................................................................10
3.16.2. Detailed Quote.............................................................................................10
3.17. Endorsements...................................................................................................10
3.17.1. Financial.......................................................................................................10
3.17.2. Non financial................................................................................................10
1. Introduction
<This should be the executive summary of the document>
1.1. Background
<Provide a short description of the application / software being specified and
its purpose, including relevant benefits, objectives, and goals. Relate the
software to corporate goals or business strategies. If a separate vision and
scope document is available, refer to it rather than duplicating its contents
here.>
1.2. Objectives
<Why this document is being created and why are the changes being done>
1.4.1.Users
Product Tower
Operations
1.4.2.Beneficiaries
Product Tower
Operations
Claims
1.5. Assumptions
<List any assumed factors (as opposed to known facts) that could affect the
requirements. The project could be affected if these assumptions are incorrect,
are not shared, or change>
1.6. Dependencies
<Identify any dependencies that can affect the requirements specified in this
BRD, such as software components that you intend to reuse from another
application.>
1.7. Constraints
<Describe the constraints that can affect the requirements specified in this
BRD. These could constraints around the development or operating
environment>
2. Process Overview
2.1. Current Process
<Current process flow refers to the flow of work through the existing business
solution environment. The business processes or functions associated with the
current process flow are documented.>
2 Selection of Franchisee After selecting the company name on, the Franchisee needs to select Day
Product the product which is offered to customer (Motor/ IPA) on TAGIC 1
portal
3 Franchisee enters customers personal details like name, contact no, Day
Creation of address etc and clicks on ‘Create Customer ID and proceed’ option. 1
Franchisee
Customer Customer ID gets generated
3. Functional Requirements
<Specify the sub functions or Use Cases necessary to comprehensively define
the fundamental actions that must take place within the software to accept
and process the inputs and to process and generate the outputs>
<List down all the sub product and variant with sub product code and variant
code>
< Product code (4) + Running number (10) + Renewal counter (2) +
Endorsement counter (2) + Policy Plan code (2)>
3.9. Deductibles
3.13.1. UW Rules
Refer
Decline
Accept Rules
3.15. UW Master
<Product Specific Underwriting Masters - Front-end masters list along with
field specifications>
3.16. Quotation
Field detail
Format.xlsx
3.17. Endorsements
3.17.1. Financial
<Type of financial endorsement with Logic>
3.18. Reinstatement
EDI_Format_Sample
1.1
3.23.2. QC Points
3.24. Accounts
3.24.1. E-Franking
3.24.2. Shortfall
3.24.6.1. EOD
EOD SAP Extract
Advance premium Batch
3.24.6.2. EOM
UEPR
OSLR
3.24.7. GST
<Impact on certificate, Master Policy and Leaser>
3.24.8. Commission
3.24.9. TDS
3.25. Claims
4. Communication
4.1.1. Email
4.1.2. SMS
7. Reporting MIS
<Impact on all existing reports, data hub, data lake to be confirmed with
IT/MIS Team>
8. Non-Functional Requirements
8.1.1. Volume & Performance Requirements
8.1.4. Hardware
9. Annexure
Serial
No Annexure Content
1. General Underwriting Annexure
2. Underwriting Annexure
3 QC Check Points
4 Output Documents
10.Open Items
<This is a dynamic list of the open requirements issues/items that
remain to be resolved, including TBDs, pending decisions, information
that is needed, conflicts awaiting resolution, and the like.>