IBM settles £36m Direct Line insurance platform project lawsuit, after claiming Teradata tried to usurp its spot
Terms of deal not disclosed as Big Blue insists it wasn t wrong, but merely didn t follow design standards
Gareth Corfield Wed 3 Mar 2021 // 09:30 UTC Share
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British insurer Direct Line has settled with IBM over a High Court case it brought against the firm for £36m in which it had alleged that Big Blue fatally bungled a far-reaching Agile methodology-based insurance platform IT project.
Direct Line’s 2014 Best for Customer (B4C) project (originally Project Emerald) was supposed to result in the business acquiring a new software platform on which to base its insurance operations. Instead, it alleged in court documents seen by