SII Assist has been used by Lloyd’s Syndicates to report their Solvency returns (AAD / ASR / ASB) for the last ten years.
We are now adapting the software to enable you to comply with the new Solvency UK requirements which will be introduced later on this year.
The software will enable you to create a bespoke set of templates in a standard Excel spreadsheet environment, which can then be validated and output in the appropriate XBRL format to load into the Core Filing submission system.
SII Assist for Lloyd’s allows you to create workbooks of templates for you to complete for each submission.
The software is designed to utilise as much of the familiar Excel functionality as possible to making it very straightforward to set up and operate.
Updates and maintenance can be carried out by software users with no requirement for administrator privileges on the computer, so there should be very little demand placed on IT support.
Running through standard Excel spreadsheets gives you all of the usual flexibility to copy and import information from any source that is compatible with a spreadsheet.
Once your data is entered into the workbooks, the software can run the validation tests on your data to ensure everything is compliant before you upload it.
The software will then handle the process of converting your data into the XBRL format which Lloyd’s will require for the Solvency UK submissions going forwards.