This document outlines the process of developing a system for an insurance company, focusing on the Work Breakdown Structure (WBS) and system design. The WBS breaks down the project into manageable components, while the system design focuses on the 'As-Is' and 'To-Be' states of the system. The document also covers acceptance criteria, application architecture, and a comparison between Agile and Waterfall methodologies. It provides a comprehensive overview of the system development process, highlighting key considerations and design elements.