Enterprise resource planning, or ERP software solutions and ERP vendors have been around for over forty years. The landscape of enterprise applications has steadily improved throughout the last 4 decades particularly in the mid 1990's when the YTK, year 2000 scare was starting to take hold.

With the arrival of the globalization, the industry which is booming is the insurance industry. Many companies from all over the world are venturing into this insurance business. In developed as well as underdeveloped countries there are lots of scope in this sector. The contribution of ERP is great in the sector of insurance for simplifying the big and the small operations.