juris

Section 6A: National Insurance Claims Database

Insurance Act

This section is inserted by Act No 15 of 2021, section 41.

consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

6A. National Insurance Claims Database (1) Notwithstanding any other enactment, the (cid:38)(cid:82)(cid:80)(cid:80)(cid:76)(cid:86)(cid:86)(cid:76)(cid:82)(cid:81)(cid:3)(cid:80)(cid:68)(cid:92)(cid:15)(cid:3)(cid:73)(cid:82)(cid:85)(cid:3)(cid:87)(cid:75)(cid:72)(cid:3)(cid:83)(cid:88)(cid:85)(cid:83)(cid:82)(cid:86)(cid:72)(cid:3)(cid:82)(cid:73)(cid:3)(cid:83)(cid:85)(cid:82)(cid:80)(cid:82)(cid:87)(cid:76)(cid:81)(cid:74)(cid:3)(cid:70)(cid:82)(cid:81)(cid:191)(cid:71)(cid:72)(cid:81)(cid:70)(cid:72)(cid:3)(cid:76)(cid:81)(cid:3) the insurance industry and ensuring the fair treatment of policy holders, establish a National Insurance Claims Database and require, on such terms and conditions as it may determine, an insurer which provides motor insurance business to furnish, at such time and in such manner as it may determine, such data relating to any claim or other information as it may require for the purpose of – (a) maintaining a database on insurers, (cid:83)(cid:82)(cid:79)(cid:76)(cid:70)(cid:92)(cid:3)(cid:75)(cid:82)(cid:79)(cid:71)(cid:72)(cid:85)(cid:86)(cid:15)(cid:3)(cid:69)(cid:72)(cid:81)(cid:72)(cid:191)(cid:70)(cid:76)(cid:68)(cid:85)(cid:76)(cid:72)(cid:86)(cid:3)(cid:82)(cid:85)(cid:3)(cid:87)(cid:75)(cid:76)(cid:85)(cid:71)(cid:3)(cid:83)(cid:68)(cid:85)(cid:87)(cid:92)(cid:3) 370 Acts 2021 claimants and such other information which may assist in maintaining fair, safe, (cid:86)(cid:87)(cid:68)(cid:69)(cid:79)(cid:72)(cid:3)(cid:68)(cid:81)(cid:71)(cid:3)(cid:72)(cid:73)(cid:191)(cid:70)(cid:76)(cid:72)(cid:81)(cid:87)(cid:3)(cid:76)(cid:81)(cid:86)(cid:88)(cid:85)(cid:68)(cid:81)(cid:70)(cid:72)(cid:3)(cid:80)(cid:68)(cid:85)(cid:78)(cid:72)(cid:87)(cid:86)(cid:3)(cid:73)(cid:82)(cid:85)(cid:3) (cid:87)(cid:75)(cid:72)(cid:3)(cid:69)(cid:72)(cid:81)(cid:72)(cid:191)(cid:87)(cid:3)(cid:68)(cid:81)(cid:71)(cid:3)(cid:83)(cid:85)(cid:82)(cid:87)(cid:72)(cid:70)(cid:87)(cid:76)(cid:82)(cid:81)(cid:3)(cid:82)(cid:73)(cid:3)(cid:87)(cid:75)(cid:72)(cid:3)(cid:83)(cid:88)(cid:69)(cid:79)(cid:76)(cid:70)(cid:30) (b) collecting, consolidating and collating information, pertaining to insurance business, on insurers, policy holders, (cid:69)(cid:72)(cid:81)(cid:72)(cid:191)(cid:70)(cid:76)(cid:68)(cid:85)(cid:76)(cid:72)(cid:86)(cid:3)(cid:82)(cid:85)(cid:3)(cid:87)(cid:75)(cid:76)(cid:85)(cid:71)(cid:3)(cid:83)(cid:68)(cid:85)(cid:87)(cid:92)(cid:3)(cid:70)(cid:79)(cid:68)(cid:76)(cid:80)(cid:68)(cid:81)(cid:87)(cid:86)(cid:30) (c) storing information collected, electronically or otherwise, in such manner as it may determine; (d) disclosing or granting access to information collected to such person or institution as it may approve, subject to such terms and conditions as it may determine; and (e) assisting the Commission in the discharge of its functions under this Act. (2) Subject to subsection (3), information collected under this section shall be used for the purpose of attaining the objectives of the National Insurance Claims Database and (cid:86)(cid:75)(cid:68)(cid:79)(cid:79)(cid:3)(cid:69)(cid:72)(cid:3)(cid:78)(cid:72)(cid:83)(cid:87)(cid:3)(cid:70)(cid:82)(cid:81)(cid:191)(cid:71)(cid:72)(cid:81)(cid:87)(cid:76)(cid:68)(cid:79)(cid:3)(cid:69)(cid:92)(cid:3)(cid:87)(cid:75)(cid:72)(cid:3)(cid:38)(cid:82)(cid:80)(cid:80)(cid:76)(cid:86)(cid:86)(cid:76)(cid:82)(cid:81)(cid:3)(cid:68)(cid:81)(cid:71)(cid:3)(cid:68)(cid:81)(cid:92)(cid:3)(cid:83)(cid:72)(cid:85)(cid:86)(cid:82)(cid:81)(cid:3) or institution to whom or tabase and (cid:86)(cid:75)(cid:68)(cid:79)(cid:79)(cid:3)(cid:69)(cid:72)(cid:3)(cid:78)(cid:72)(cid:83)(cid:87)(cid:3)(cid:70)(cid:82)(cid:81)(cid:191)(cid:71)(cid:72)(cid:81)(cid:87)(cid:76)(cid:68)(cid:79)(cid:3)(cid:69)(cid:92)(cid:3)(cid:87)(cid:75)(cid:72)(cid:3)(cid:38)(cid:82)(cid:80)(cid:80)(cid:76)(cid:86)(cid:86)(cid:76)(cid:82)(cid:81)(cid:3)(cid:68)(cid:81)(cid:71)(cid:3)(cid:68)(cid:81)(cid:92)(cid:3)(cid:83)(cid:72)(cid:85)(cid:86)(cid:82)(cid:81)(cid:3) or institution to whom or which information is disclosed or access is granted. (cid:11)(cid:22)(cid:12)(cid:3) (cid:36)(cid:81)(cid:92)(cid:3) (cid:71)(cid:88)(cid:87)(cid:92)(cid:3) (cid:82)(cid:73)(cid:3) (cid:70)(cid:82)(cid:81)(cid:191)(cid:71)(cid:72)(cid:81)(cid:87)(cid:76)(cid:68)(cid:79)(cid:76)(cid:87)(cid:92)(cid:3) (cid:76)(cid:80)(cid:83)(cid:82)(cid:86)(cid:72)(cid:71)(cid:3) (cid:82)(cid:81)(cid:3) (cid:68)(cid:81)(cid:92)(cid:3) person or institution under any enactment shall not apply where the information is required for transmission to the National Insurance Claims Database for the attainment of the objectives of the National Insurance Claims Database. (4) The Commission may impart, on such terms and conditions as it may determine, information maintained in the National Insurance Claims Database to – (a) such bodies as it considers appropriate for the purpose of insurance dispute resolution; Acts 2021 371 (b) any public sector agency or law enforcement agency to enable the agency to discharge, or assist it in discharging, any of its functions; or (c) such person or institution and for such purpose as it may determine, where the person from whom information is sought gives his written consent for the information to be disclosed to the person or institution. (5) Any person or institution accessing information from the National Insurance Claims Database shall use the information exclusively for the purposes of insurance policy underwriting, claims processing, claims administration or claims settlement, and upon a request from a claimant, (cid:69)(cid:72)(cid:81)(cid:72)(cid:191)(cid:70)(cid:76)(cid:68)(cid:85)(cid:92)(cid:3)(cid:82)(cid:85)(cid:3)(cid:83)(cid:82)(cid:79)(cid:76)(cid:70)(cid:92)(cid:75)(cid:82)(cid:79)(cid:71)(cid:72)(cid:85)(cid:15)(cid:3)(cid:86)(cid:75)(cid:68)(cid:79)(cid:79)(cid:3)(cid:71)(cid:76)(cid:86)(cid:70)(cid:79)(cid:82)(cid:86)(cid:72)(cid:3)(cid:87)(cid:82)(cid:3)(cid:87)(cid:75)(cid:72)(cid:3)(cid:76)(cid:81)(cid:76)(cid:87)(cid:76)(cid:68)(cid:87)(cid:82)(cid:85)(cid:3)(cid:82)(cid:73)(cid:3) the request information retrieved from the National Insurance Claims Database on the person or claim. (6) Any person or institution processing an application for a claim shall have, for the purpose of processing the application, recourse to the information from the National Insurance Claims Database and shall inform the customer that all available information will be used for processing the application. (7) Where an insurer or any other person fails to comply with a requirement imposed under this section, the Commission may, after giving the insurer or person, as the case may be, an opportunity to make representations, issue a direction to the person or insurer to take all necessary actions for compliance with this section and – (a) where the person does not comply with a direction issued, the Commission may impose a penalty or charge not exceeding 372 Acts 2021 50,000 rupees for each day on which a breach of this section has occurred ails to comply with a requirement imposed under this section, the Commission may, after giving the insurer or person, as the case may be, an opportunity to make representations, issue a direction to the person or insurer to take all necessary actions for compliance with this section and – (a) where the person does not comply with a direction issued, the Commission may impose a penalty or charge not exceeding 372 Acts 2021 50,000 rupees for each day on which a breach of this section has occurred and occurs and the penalty or charge may be recovered by deduction from any balance or money owed to the Commission as if it were a civil debt; or (b) refer the matter to the Enforcement Committee on the ground that the insurer or person is carrying on business in a manner which is contrary to the interests (cid:82)(cid:73)(cid:3)(cid:87)(cid:75)(cid:72)(cid:3)(cid:83)(cid:88)(cid:69)(cid:79)(cid:76)(cid:70)(cid:3)(cid:68)(cid:81)(cid:71)(cid:3)(cid:87)(cid:75)(cid:72)(cid:3)(cid:191)(cid:81)(cid:68)(cid:81)(cid:70)(cid:76)(cid:68)(cid:79)(cid:3)(cid:86)(cid:72)(cid:85)(cid:89)(cid:76)(cid:70)(cid:72)(cid:86)(cid:3) sector. (8) The Commission may, for the purpose of administering the National Insurance Claims Database, (cid:76)(cid:80)(cid:83)(cid:82)(cid:86)(cid:72)(cid:3)(cid:87)(cid:75)(cid:72)(cid:3)(cid:83)(cid:68)(cid:92)(cid:80)(cid:72)(cid:81)(cid:87)(cid:3)(cid:82)(cid:73)(cid:3)(cid:86)(cid:88)(cid:70)(cid:75)(cid:3)(cid:73)(cid:72)(cid:72)(cid:3)(cid:68)(cid:86)(cid:3)(cid:80)(cid:68)(cid:92)(cid:3)(cid:69)(cid:72)(cid:3)(cid:86)(cid:83)(cid:72)(cid:70)(cid:76)(cid:191)(cid:72)(cid:71)(cid:3)(cid:76)(cid:81) (cid:3) FSC Rules. (b) in section 71, by inserting, after subsection (1), the following new subsection – (1A) An insurer shall, at all times, ensure that its insurance agents are in good standing in terms of fees and reporting obligations; (c) in section 72, by inserting, after subsection (3), the following new subsection – (3A) (a) Notwithstanding subsections (2) and (3), the following persons – (i) every company duly licensed to act as an insurance agent and which is (cid:68)(cid:3)(cid:86)(cid:80)(cid:68)(cid:79)(cid:79)(cid:3)(cid:83)(cid:85)(cid:76)(cid:89)(cid:68)(cid:87)(cid:72)(cid:3)(cid:70)(cid:82)(cid:80)(cid:83)(cid:68)(cid:81)(cid:92)(cid:3)(cid:68)(cid:86)(cid:3)(cid:71)(cid:72)(cid:191)(cid:81)(cid:72)(cid:71)(cid:3) in the Companies Act; and Acts 2021 373 (ii) every natural person duly licensed to act as insurance agent, shall submit to the Commission, not later than 3 months after the expiry of each balance sheet date and with reference to (cid:87)(cid:75)(cid:68)(cid:87)(cid:3)(cid:92)(cid:72)(cid:68)(cid:85)(cid:15)(cid:3)(cid:68)(cid:3)(cid:191)(cid:81)(cid:68)(cid:81)(cid:70)(cid:76)(cid:68)(cid:79)(cid:3)(cid:86)(cid:88)(cid:80)(cid:80)(cid:68)(cid:85)(cid:92)(cid:3)(cid:70)(cid:82)(cid:81)(cid:87)(cid:68)(cid:76)(cid:81)(cid:76)(cid:81)(cid:74)(cid:3)(cid:87)(cid:75)(cid:72)(cid:3)(cid:76)(cid:81)(cid:73)(cid:82)(cid:85)(cid:80)(cid:68)(cid:87)(cid:76)(cid:82)(cid:81)(cid:3) (cid:86)(cid:83)(cid:72)(cid:70)(cid:76)(cid:191)(cid:72)(cid:71)(cid:3)(cid:76)(cid:81)(cid:3)(cid:87)(cid:75)(cid:72)(cid:3)(cid:41)(cid:76)(cid:73)(cid:87)(cid:75)(cid:3)(cid:54)(cid:70)(cid:75)(cid:72)(cid:71)(cid:88)(cid:79)(cid:72)(cid:17) (b) In paragraph (a) – “balance sheet date”, in relation to a natural person referred to in subparagraph (ii), means 30 June in any year. (d) by inserting, after section 78, the following new sect 5)(cid:80)(cid:68)(cid:87)(cid:76)(cid:82)(cid:81)(cid:3) (cid:86)(cid:83)(cid:72)(cid:70)(cid:76)(cid:191)(cid:72)(cid:71)(cid:3)(cid:76)(cid:81)(cid:3)(cid:87)(cid:75)(cid:72)(cid:3)(cid:41)(cid:76)(cid:73)(cid:87)(cid:75)(cid:3)(cid:54)(cid:70)(cid:75)(cid:72)(cid:71)(cid:88)(cid:79)(cid:72)(cid:17) (b) In paragraph (a) – “balance sheet date”, in relation to a natural person referred to in subparagraph (ii), means 30 June in any year. (d) by inserting, after section 78, the following new section –

Ask juris about this section Official source

Questions this section answers