Insurance Regulatory and Development Authority of India (IRDAI) proposes Public Insurance Registry as Digital Public Infrastructure

Key facts

• The Insurance Regulatory and Development Authority of India (IRDAI) released a consultation paper on September 1, 2026, proposing a Public Insurance Registry (PIR) as Digital Public Infrastructure for the insurance sector.
• The PIR is intended to support the objectives of the Sabka Bima Sabki Raksha Act, 2025.
• The proposed registry aims to provide a consistent and authoritative view of insurance records while keeping relevant information with source institutions.
• It is designed to serve eight key stakeholder groups, including policyholders, insurers, reinsurers, intermediaries, regulators, financial institutions, government agencies, and researchers.
• The consultation paper seeks feedback on data architecture, identity framework, data standards, privacy and consent safeguards, commercial confidentiality, governance, and implementation readiness.
• Comments and feedback on the proposed PIR can be submitted until September 30, 2026.