CAMSRep is among the first to launch an Insurance Repository.
CAMS Insurance Repository (CAMSRep) is licensed by IRDAI for maintaining data of insurance policies in electronic form. Thus the concept of IR enable policy holders to 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”.
Only entities approved by Insurance Regulatory and Development Authority of india(IRDAI) can become an Insurance Repository.
The one stop shop for all Mutual Fund KYC services from CAMS. CAMSKRA also offers KYC services to SEBI registered Stock brokers, Commodity brokers on opening of security market accounts.
Single Point of Service
Outsourced Branch back office operations(including implants), Application Scrutiny and Processing, branch in box, collection centers, facility management, agent boarding.
Single View of all Policy
Acceptance of new business Proposals. Scanning,Indexing and Data Entry, Scrutinu and Requirement raising, issuance of policy document and RTO management, welcome or verification calling, ESC management.
Receiving, Processing requests with or without accessing database.Both financial and non-financial transactions, reminder calling premium payment, cheque pick-up and banking, premium collection.