{"id":370937,"date":"2026-09-03T15:04:12","date_gmt":"2026-09-03T09:34:12","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=370937"},"modified":"2026-09-03T15:04:12","modified_gmt":"2026-09-03T09:34:12","slug":"public-insurance-registry-pir","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/public-insurance-registry-pir\/","title":{"rendered":"Public Insurance Registry (PIR)"},"content":{"rendered":"<div class=\"content-box-green\">\n<p><strong>News:<\/strong> The Insurance Regulatory and Development Authority of India (Irdai) proposed a Public Insurance Registry (PIR) as a Digital Public Infrastructure (DPI) for the insurance sector.<\/p>\n<\/div>\n<h2 class=\"red-h2-box\">About Public Insurance Registry (PIR)<\/h2>\n<figure style=\"width: 264px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/taxguru.in\/wp-content\/uploads\/2026\/09\/Public-Insurance-Registry.jpg?resize=264%2C178&#038;ssl=1\" alt=\"Public Insurance Registry\" width=\"264\" height=\"178\" \/><figcaption class=\"wp-caption-text\">Source: Tax Guru<\/figcaption><\/figure>\n<ul>\n<li><strong>Public Insurance Registry (PIR)<\/strong> has been proposed as a<strong> Digital Public Infrastructure (DPI) for the insurance sector.<\/strong><\/li>\n<li><strong>Proposed by:<\/strong> <a href=\"https:\/\/forumias.com\/blog\/insurance-regulatory-and-development-authority-of-india-irdai\/\">Insurance Regulatory and Development Authority of India (Irdai)<\/a><\/li>\n<li>The PIR would also have to comply with relevant laws, including the <strong>Digital Personal Data Protection Act, 2023, the Aadhaar Act, 2016, and the Information Technology Act, 2000<\/strong>.<\/li>\n<li><strong>Definition:<\/strong> It has been described as a <strong>\u201cpopulation-scale, interoperable and non-exclusionary\u201d<\/strong> digital infrastructure, which is intended to <strong>address<\/strong> <strong>information gaps<\/strong> across the insurance sector.<\/li>\n<li>The registry <strong>would enable information sharing<\/strong> while<strong> allowing the underlying records<\/strong> to remain with the institutions that maintain them.<\/li>\n<li><strong>How Will PIR Works:<\/strong>\n<ul>\n<li>It would function as a <strong>common digital layer<\/strong> through which authorised participants can discover, verify and exchange insurance-related information.<\/li>\n<li>It <strong>would allow different institutions to exchange information using common standards<\/strong> without requiring them to replace their existing systems.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Who Will Be Connected to PIR<\/strong>:\n<ul>\n<li>The proposed registry <strong>would connect various stakeholders across the insurance ecosystem.<\/strong><\/li>\n<li>These stakeholders <strong>would include insurance companies, reinsurers, insurance intermediaries<\/strong> and policyholders.<\/li>\n<li><strong>Regulators, financial institutions, government departments and research institutions<\/strong> could also be connected to the registry.<\/li>\n<li>This interconnected system<strong> would facilitate secure and controlled sharing of relevant insurance information<\/strong> among authorised participants.<\/li>\n<\/ul>\n<\/li>\n<li><strong>What Information Will PIR Connect:<\/strong>\n<ul>\n<li>The PIR would <strong>connect different types of insurance-related information, including product details, policy records, claims information<\/strong> and intermediary details.\n<ul>\n<li>It could also include i<strong>nformation about premiums, benefits, insurance coverage, complaints, grievances and unclaimed amounts.<\/strong><\/li>\n<\/ul>\n<\/li>\n<li><strong>Linkages With External Databases:<\/strong> The PIR could be <strong>connected with external databases for specific purposes<\/strong> without necessarily copying all the information into the registry.<\/li>\n<li>The system c<strong>ould also potentially connect with health and mortality registries, weather and disaster databases, and court case-management systems.<\/strong><\/li>\n<\/ul>\n<\/li>\n<li><strong>How Will Data Remain With Original Institutions<\/strong>:\n<ul>\n<li>IRDAI has proposed a <strong>\u201csource-system primacy\u201d<\/strong> <strong>approach<\/strong> under which the <strong>institution that originally owns and maintains a record<\/strong> would <strong>continue to be its source of record.<\/strong><\/li>\n<li>It<strong> would not replace the existing databases or systems<\/strong> maintained by insurers and other institutions.<\/li>\n<li>Under the proposed framework,<strong> PIR could maintain a lightweight reference to a record<\/strong> that remains with the source institution.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Who Will Get Access to PIR Data:<\/strong> Access to information under the PIR would depend on the <strong>purpose for which the data is being used<\/strong>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: The Insurance Regulatory and Development Authority of India (Irdai) proposed a Public Insurance Registry (PIR) as a Digital Public Infrastructure (DPI) for the insurance sector. About Public Insurance Registry (PIR) Public Insurance Registry (PIR) has been proposed as a Digital Public Infrastructure (DPI) for the insurance sector. Proposed by: Insurance Regulatory and Development Authority&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/public-insurance-registry-pir\/\">Continue reading <span class=\"screen-reader-text\">Public Insurance Registry (PIR)<\/span><\/a><\/p>\n","protected":false},"author":10366,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,12039],"tags":[11872,10503],"class_list":["post-370937","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-knolls","tag-9pm-daily-factly","tag-business-standard","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/370937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10366"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=370937"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/370937\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=370937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=370937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=370937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}