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. 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: CDSL Insurance Repository Limited (CDSL IR) Karvy Insurance Repository Limited National Insurance-policy Repository by NSDL Database Management Limited CAMS Insurance Repository Services Limited All such entities must contain the words "Insurance Repository" in their names.
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 originally issued licenses to five entities to act as Insurance Repositories;[3] however, SHCIL Projects Limited surrendered its Insurance Repository license in September 2015. The remaining four are:
- CDSL Insurance Repository Limited (CDSL IR)[4]
- Karvy Insurance Repository Limited[5]
- National Insurance-policy Repository[6] by NSDL Database Management Limited
- CAMS Insurance Repository Services Limited[7]
All such entities must contain the words "Insurance Repository" in their names.
References
[edit]- ^ PTI (September 16, 2013). "Chidambaram launches insurance repository system". The Hindu. Retrieved 16 September 2013.
- ^ IANS (16 September 2013). "Digitise insurance policies, says Chidambaram". IBM LIVE. Archived from the original on 18 September 2013. Retrieved 16 September 2013.
- ^ List of Insurance Repositories - IRDA Archived 2013-12-14 at the Wayback Machine
- ^ CDSL Insurance Repository Limited (CDSL IR)
- ^ Karvy Insurance Repository Limited
- ^ National Insurance-policy Repository
- ^ CAMS Insurance Repository Services Limited
External links
[edit]- Insurance Regulatory and Development Authority
- Handbook of Insurance Repository Archived 2013-09-22 at the Wayback Machine
- Benefits of eIA
| Companies |
| ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Policy | |||||||||||||||||||||
| Government schemes | |||||||||||||||||||||
| Legislations | |||||||||||||||||||||
| Other | |||||||||||||||||||||
