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;List of Insurance Repositories - IRDA however, SHCIL Projects Limited surrendered its Insurance Repository license in September 2015. The remaining four are:
CDSL Insurance Repository Limited (CDSL IR)CDSL Insurance Repository Limited (CDSL IR) Karvy Insurance Repository LimitedKarvy Insurance Repository Limited National Insurance-policy RepositoryNational Insurance-policy Repository by NSDL Database Management Limited CAMS Insurance Repository Services LimitedCAMS Insurance Repository Services Limited
All such entities must contain the words "Insurance Repository" in their names.
References
External links Insurance Regulatory and Development Authority Handbook of Insurance Repository Benefits of eIA