Computer Age Management Services

Overview

Computer Age Management Services (CAMS) is a company based in the USA that operates within the Computers and Technology industry, specifically focusing on Information Technology and Services. With a workforce of over 1,000 employees and reported revenue of approximately $101 million, CAMS is involved in providing various technology-driven solutions. The company has recently published a document discussing the new regulations regarding e-Insurance implemented by the Insurance Regulatory and Development Authority of India (IRDAI), which mandates that all new insurance policies must be issued in electronic format starting April 1, 2024. This regulation aims to streamline the acquisition and management of insurance policies by allowing policyholders to store their documents digitally in an e-Insurance Account (eIA), thereby eliminating the need for physical documentation. The document emphasizes the implications of this shift for insurers and policyholders alike, detailing the conditions under which insurers may issue policies in electronic form and the necessary steps for compliance with the new rules.

Industry