Insurance Repository in India

The Insurance Repository in India is a database of insurance policies. It allows policy holders to make revisions to a policy with speed and accuracy. It launched on 16 September 2013. It is the world's first of its kind.[1][2]

India's Insurance Regulatory and Development Authority has issued licenses to five entities to act as Insurance Repositories:[3]

  1. CDSL Insurance Repository Limited (CIRL)
  2. SHCIL Projects Limited
  3. Karvy Insurance repository Limited
  4. NSDL Database Management Limited
  5. CAMS Repository Services Limited

References

  1. PTI (September 16, 2013). "Chidambaram launches insurance repository system". The Hindu. Retrieved 16 September 2013.
  2. IANS (16 September 2013). "Digitise insurance policies, says Chidambaram". IBM LIVE. Retrieved 16 September 2013.
  3. List of Insurance Repositories - IRDA

External links