An Insurance Repository is a facility to help policy holders buy and keep insurance policies in electronic form, rather than as a paper document. Insurance Repositories, like Share Depositories or mutual fund Transfer Agencies, will hold electronic records of insurance policies issued to individuals and such policies are called “electronic policies” or “e Policies.” The Insurance Regulatory and Development Authority had issued licenses to five entities to act as Insurance Repositories: However, SHCIL Projects Limited surrendered its Insurance Repository license in September 2015 and the remaining four who are working are (i) CDSL Insurance Repository Limited (CDSL IR) (ii) Karvy Insurance repository Limited (iii) National Insurance-policy Repository by NSDL Database Management Limited and (iv) CAMS Repository Services Limited.