Irda May Use Uid Number for Policyholders

MintOctober 11, 2011

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Summary


The database could help customers move from one health insurer to another, said Amarnath Ananthanarayanan, chief executive of Bharti Axa General Insurance Co. Ltd. It could also help insurers price motor insurance policies according to the record of customers in terms of accidents and previous claims.

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Extract


Irda May Use Uid Number for Policyholders

New Delhi, June 27 -- India's insurance regulator is considering creating a database of all insurance policy holders using the Aadhaar, or Unique Identification (UID) number, in a move th...

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