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 had issued licenses to five entities to act as Insurance Repositories:
However, SHCIL Projects Limited surrendered its Insurance Repository license in September 2015.
- CDSL Insurance Repository Limited (CDSL IR)
- Karvy Insurance repository Limited
- National Insurance-policy Repository by NSDL Database Management Limited
- CAMS Repository Services Limited
References
Insurance Repository in India Wikipedia(Text) CC BY-SA