Centralized Information Sharing Solution for Insurance Industry (CISSII)

Centralized Information Sharing Solution for Insurance Industry (CISSII)

Introduction:

  • In order to achieve greater efficiencies and transparency in the Insurance Industry, it was important that more automation should be achieved and vital industry data should be made available on real time basis to all the stakeholders of the Insurance Industry including the Regulator
  • This automation and sharing of information was achieved through the Centralized Information Sharing Solution for Insurance Industry which provides a centralized database hosted by a neutral and independent institution, such as CDC, and which has a track record of managing secured and huge databases with state of the art infrastructure having built-in information security features.

Participants:

  • EFU Life Assurance Limited
  • Pak Qatar Family Takaful Limited
  • Adamjee Life Assurance Company Limited
  • Jubilee Life Insurance Company Limited
  • Dawood Family Takaful Limited
  • American Life Insurance Company (Pakistan) Limited
  • State Life Corporation of Pakistan
  • East West Insurance Company Limited

Data:

CISSII contains the following 5 registers:

  1. Agency Register
  2. S-reference Register
  3. Claim Register
  4. Adverse Information Register
  5. Group Life Experience register

For more information on CISSII, call us at 0800-23275 (CDCPL).