Presenting Rules to Your Business

​Would you know the approach to use if you were asked to describe business constraints and requirements for a list of business rules? Below are three necessary factors in defining a business rule’s requirements.

How the Business Rule Should Work
As the first step, you must gather essential sources of knowledge to help you with the necessary decision making and how the rule must work. Some examples are expertise sources, regulations, best practices, and policies as the basis of your business rule. It may not be necessary yet to define the business rule’s behavior in detail as a requirement essential.

• Another thing you should make clear is the crucial constraints from regulations and law.

Where Does the Rule Apply?
The next step is to identify where to apply the business rule by answering the question from a business perspective. Therefore, you must indicate the business process description in the business rule to regulate the requirement best. Business processes have executed the order of activities to provide customers a result, while you can assign business rules to one or more activities.

• Reference materials, including function models of high levels and the organization’s process models, can be your starting point. The detail level to answer the question of where the rule applies will depend on the material’s availability.

What is the Necessary Information for the Business Rule Execution?
The last step is all about data conservation. Always base a business rule on a gathered set of data elements or information. For instance, whether the client accepts an insurance claim or not, the business rule will depend on the customer’s payment behavior and claimed amount. Part of a business rule’s requirement is to define the necessary vital data elements as input.

• If the data is not possible, then you cannot execute the rule. You can use data models or dictionaries for further research. It will also help describe where the data should originate, such as which external party, department, or system.

Now that you have developed the necessary means to create business rules, you should know how to protect it. If a customer deliberately breaks your rules, an insurance policy will provide the needed protection from any losses or damages.

At Insurance Agency Network, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (425) 681-0996 or Click Here to request a free quote.