Insurance Repository definition
Insurance Repository means a company formed and registered under the Companies Act, 1956 (1 of 1956) and which has been granted a certificate of registration by Insurance Regulatory and Development Authority (IRDA) for maintaining data of insurance policies in Electronic form on behalf of Insurers. The Insurance Repositories provide the ease of holding insurance policies issued in an electronic form.
Insurance Repository means a company formed and registered under the Companies Act, 1956 and which has been granted a certificate of registration by Insurance Regulatory and Development Authority (IRDA) for maintaining data of insurance policies in electronic form on behalf of Insurers.
Insurance Repository means a company formed and registered under the Companies Act, 1956 (1 of 1956) and which has been granted a certificate of registration under these Guidelines by Insurance Regulatory and Development Authority for maintaining a data of insurance policies in electronic form on behalf of insurers including the history of transactions during the term of policy.
Examples of Insurance Repository in a sentence
Provider will provide to Helix the ability to generate invoices based on the information contained in the Helix Database (including the Insurance Repository), record such invoices in the Helix Database and manage those invoices.
Alternatively, Provider will, within five Business Days of a written request from Helix that includes updated information with respect to any insurance program or plan, update the Insurance Repository accordingly.
More Definitions of Insurance Repository
Insurance Repository or “IR” means a company formed and registered under the Companies Act, 2013or other entityand which has been granted a certificate of registration under these Guidelines by the Authority.
Insurance Repository has the meaning set out in section 1.1.1 of Schedule B.1.
Insurance Repository means a company formed and registered under the Companies Act, 1956 (1 of
Insurance Repository or “IR” means a company incorporated under the Companies Act, 2013 or any other entity, which has been granted a certificate of registration by the Authority for maintaining data of insurance policies in electronic form on behalf of the Insurers;