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.{{cite news|last=PTI|title=Chidambaram launches insurance repository system|url=http://www.thehindu.com/news/national/chidambaram-launches-insurance-repository-system/article5134224.ece|access-date=16 September 2013|newspaper=The Hindu|date=September 16, 2013}}{{cite news|last=IANS|title=Digitise insurance policies, says Chidambaram|url=http://ibnlive.in.com/news/digitise-insurance-policies-says-chidambaram/422341-3.html|archive-url=https://web.archive.org/web/20130918222613/http://ibnlive.in.com/news/digitise-insurance-policies-says-chidambaram/422341-3.html|url-status=dead|archive-date=18 September 2013|access-date=16 September 2013|newspaper=IBM LIVE|date=16 September 2013}}

India's Insurance Regulatory and Development Authority originally issued licenses to five entities to act as Insurance Repositories;[http://www.irda.gov.in/ADMINCMS/cms/NormalData_Layout.aspx?page=PageNo2054&mid=9.7.1 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)[http://www.cirl.co.in CDSL Insurance Repository Limited (CDSL IR)]
• Karvy Insurance Repository Limited[http://www.kinrep.com/ Karvy Insurance Repository Limited]
• National Insurance-policy Repository[https://nir.ndml.in/ National Insurance-policy Repository] by NSDL Database Management Limited
• CAMS Insurance Repository Services Limited[https://www.camsrepository.com/ CAMS Insurance Repository Services Limited]

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