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. It launched on 16 September 2013. It is the world's first of its kind.[1][2]

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

However, SHCIL Projects Limited surrendered its Insurance Repository license in September 2015.

  1. CDSL Insurance Repository Limited (CDSL IR)
  2. Karvy Insurance repository Limited
  3. National Insurance-policy Repository by NSDL Database Management Limited
  4. 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

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