Home » Finance » IRDAI Public Insurance Registry (PIR) What Is IRDAI's Public Insurance Registry? How PIR Could Change Insurance in India India’s insurers had ₹8,973.89 crore in unclaimed insurance amounts as of 28 February 2026, underscoring the difficulty of reconnecting rightful policyholders, nominees and legal heirs with unpaid insurance proceeds. Across the country, policyholders navigate isolated digital silos when trying to manage health, life, and motor coverage across different providers. Overview of the proposed IRDAI Public Insurance Registry (PIR) framework designed to build unified digital public infrastructure for Indian insurance. To address information fragmentation and structural friction in the sector, the Insurance Regulatory and Development Authority of India (IRDAI) released a consultation...
Home » Finance » IRDAI Public Insurance Registry (PIR) What Is IRDAI's Public Insurance Registry? How PIR Could Change Insurance in India India’s insurers had ₹8,973.89 crore in unclaimed insurance amounts as of 28 February 2026, underscoring the difficulty of reconnecting rightful policyholders, nominees and legal heirs with unpaid insurance proceeds. Across the country, policyholders navigate isolated digital silos when trying to manage health, life, and motor coverage across different providers. Overview of the proposed IRDAI Public Insurance Registry (PIR) framework designed to build unified digital public infrastructure for Indian insurance. To address information fragmentation and structural friction in the sector, the Insurance Regulatory and Development Authority of India (IRDAI) released a consultation...