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Insurance Repository in India

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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.

India's Insurance Regulatory and Development Authority originally issued licenses to five entities to act as Insurance Repositories; however, SHCIL Projects Limited surrendered its Insurance Repository license in September 2015. The remaining four are:

All such entities must contain the words "Insurance Repository" in their names.

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. Archived from the original on 18 September 2013. Retrieved 16 September 2013.
  3. List of Insurance Repositories - IRDA
  4. CDSL Insurance Repository Limited (CDSL IR)
  5. Karvy Insurance Repository Limited
  6. National Insurance-policy Repository
  7. CAMS Insurance Repository Services Limited

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