Insurance Repository in India
In today's world, Insurance Repository in India has gained unprecedented relevance. Whether in the field of science, culture, entertainment or politics, Insurance Repository in India has become a fundamental topic of discussion and analysis. Its impact has transcended borders and has generated a great debate in contemporary society. In order to understand its importance and implications, it is necessary to carry out a deep and detailed study that allows us to delve into all its dimensions. In this article, we will explore different aspects related to Insurance Repository in India, from its origin to its influence in today's world, with the aim of shedding light on this topic that is so relevant today.
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
- ^ 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
- Insurance Regulatory and Development Authority
- Handbook of Insurance Repository Archived 2013-09-22 at the Wayback Machine
- Benefits of eIA
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