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2 September 2026

IRDAI consultation for Public Insurance Registry

The Public Insurance Registry is a significant policy initiative involving digital public infrastructure that directly relates to governance, transparency, and sector-specific development interventions.

1 min read 2 questions 1 prelims

Notes

  • IRDAI has released a consultation paper for the establishment of a Public Insurance Registry (PIR).
  • The PIR is envisioned as a population-scale, interoperable, and non-exclusionary digital public infrastructure (DPI).
  • Key objectives include facilitating growth and inclusion, enhancing trust and transparency, and promoting affordability and financial sustainability.
  • The proposal aligns with the objectives of the Sabka Bima Sabki Raksha Act, 2025.
  • The initiative draws inspiration from the success of existing DPIs in other sectors of the Indian economy.
  • The registry aims to create a connected, efficient, and resilient insurance ecosystem to drive innovation and public value.

Questions

  1. Discuss the significance of Digital Public Infrastructure (DPI) in the insurance sector, with reference to the proposed Public Insurance Registry (PIR) by the IRDAI. 150 words
    Attempt this — 150 words in 8 min
    0 / 150 words 8:00
  2. How can the integration of a Public Insurance Registry (PIR) contribute to achieving the broader goals of financial inclusion and resilience in the Indian economy? Examine in the context of the Sabka Bima Sabki Raksha Act, 2025. 250 words
    Attempt this — 250 words in 11 min
    0 / 250 words 11:00

Prelims

  1. The Public Insurance Registry (PIR), as proposed by the IRDAI, is intended to function as: