Product Domain MVP Scope
Recommended business areas and product portfolios for initial Product Domain implementation
Executive Summary
Discovery identified a broad and diverse product landscape across Wealth and General Insurance, with products distributed across multiple business areas, lifecycle states and administration platforms. The proposed MVP scope has been selected to provide representative coverage of the key Product Domain challenges identified during discovery while establishing a practical foundation for enterprise adoption.
Scope Selection Criteria
The MVP scope has been selected to provide representative coverage across:
• Wealth and General Insurance business areas
• Legacy and strategic platform estates
• Product hierarchy, ownership and lifecycle management
• Products, covers, options and variants
• Active, off sale and legacy portfolios
• Enterprise consumers and downstream data use cases
• Areas with high reuse potential across the wider estate
① Wealth Pensions
The Wealth landscape represents one of the largest and most diverse product estates identified during discovery, spanning pension, investment, retirement and protection related products across multiple business propositions and administration platforms.
The pensions portfolio has been selected as the primary Wealth MVP scope as it provides broad representation of product structures, lifecycle states and platform dependencies. The scope includes Individual Pensions, Workplace Pensions and Self Invested Personal Pensions across both legacy and strategic platforms, including BaNCS and FNZ.
The portfolio also provides visibility across retirement and investment related propositions, making it a representative area for establishing enterprise product hierarchy, lifecycle management, ownership and platform relationships.
② Pet Insurance
Pet Insurance has been selected as a focused General Insurance MVP use case that provides a clearly defined product structure while maintaining a manageable implementation scope.
The product supports validation of core Product Domain concepts including product hierarchy, cover structures, optional coverages, variants and lifecycle management.
③ Home Insurance
Home Insurance has been selected as a complementary General Insurance MVP use case due to its broader product composition and richer set of product relationships.
The product provides representative coverage of key insurance concepts including insurable objects, covers, optional covers, specified items and policy structures, enabling validation of more advanced Product Domain modelling patterns.
Enterprise Consumers
The proposed MVP scope provides direct value to a range of enterprise consumers that rely on consistent product definitions, classifications and relationships.
Finance Data Hub & Enterprise Reporting
• Product hierarchy and mapping
• Financial reporting and management information
• Consistent product reference structures
Actuarial & Finance
• Product performance reporting
• Profitability analysis
• Portfolio and valuation reporting
Risk, Compliance & Consumer Duty
• Product governance
• Regulatory oversight
• Product lifecycle and control monitoring
Data & Analytics
• Product reference data
• Reporting and dashboards
• Analytical and AI use cases
Business Operations
• Product ownership
• Platform alignment
• Servicing and lifecycle management
Recommendation
The proposed MVP scope provides balanced coverage across Wealth and General Insurance, spanning legacy and strategic platforms, multiple product structures and varying lifecycle states. Successful delivery will establish the Product Domain standards, taxonomy, governance framework and modelling approach required to support future expansion across the wider Aviva product estate.
Diagram Legend
Recommended MVP Scope Area
thoughts & threads 