<h1>Electronic insurance repository enables centralised e-policy holdings and streamlined service requests, including authorized representative operation.</h1> The Insurance Repository System permits holding and managing insurance policies electronically via an Electronic Insurance Account (eIA) to enhance issuance and maintenance efficiency, transparency and cost reduction. Repositories centralise policy access and process most service requests on behalf of policyholders, reducing the need to visit multiple insurers for changes like address or nomination. The eIA allows appointment of an authorized representative to operate the account on death or disability, aiding nominees and assignees in claiming policy benefits.