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The Financial Express: Switchover to Linux: Insurance Majors to Invest Rs 400 Crore

Nov 14, 2004, 17:00 (1 Talkback[s])
(Other stories by Indranil Chakraborty)

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"When Steve Ballmer, Microsoft's chief executive officer, comes calling next week, he has to convince government-owned insurance companies that rival Linux is no alternative to Microsoft's Windows when it comes to running their businesses. The insurance majors plan to spend Rs 400 crore [US$88.7 million/€68.3 million] to create a single IT platform over the next four years.

"Three of the four government-owned general insurance majors in the country--National Insurance Co, United Insurance and New India Assurance--have decided to use Linux as the backend operating system on which will run their core insurance solutions..."

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