Mumbai, Oct. 15 -- The Insurance Regulatory and Development Authority of India (IRDAI) is looking at January 2028 for the beta launch of its proposed Public Insurance Registry (PIR), a digital platform aimed at improving insurance data sharing and making information more accessible to customers and financial institutions, Chairman Ajay Seth said on Thursday.

Speaking during a conversation with author and financial educator Monika Halan at the SamvAAd 2026 India Open Finance Summit in Mumbai, Seth said the Insurance Information Bureau is proposed to be transformed into a not-for-profit company that would host the registry.

"This will be the Insurance Information Bureau getting transformed into a not-for-profit company and being the host ...