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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