Tabular now support the IRRD XBRL submission ( the Insurance Recovery and Resolution Directive). Our software covers all the reporting requirements.
The Insurance Recovery and Resolution Directive (IRRD) is reshaping the regulatory landscape for insurers across the EU, creating new demands for transparency, preparedness, and compliance. At its core, the directive aims to strengthen the resilience of the insurance sector by ensuring firms have robust recovery and resolution plans, and by requiring consistent, accurate reporting in a structured, machine-readable format. For many insurers, the challenge lies not just in meeting the regulatory requirements, but in doing so efficiently, without diverting disproportionate resources from core business operations.
At Solvency II Solutions, we understand that compliance is not just about ticking boxes—it is about creating systems and processes that add value to your organisation. That’s why we have developed a specialist software product designed specifically to meet the IRRD’s technical reporting needs. Our solution can produce the required XBRL submissions quickly, accurately, and with minimal manual intervention, ensuring your reporting process is not just compliant, but streamlined.
XBRL, or eXtensible Business Reporting Language, is central to IRRD reporting. While it provides regulators with a powerful standard for receiving and analysing data, many firms find the technical complexity of producing valid XBRL files daunting. Our software removes that complexity by automating data transformation, validation, and submission processes. It integrates seamlessly with your existing systems, mapping your data directly to the IRRD reporting taxonomy, so you can focus on governance and decision-making rather than data formatting.
Using our platform, you benefit from reduced operational risk, faster turnaround times, and improved confidence in the accuracy of your submissions. Built with the expertise that comes from years of experience supporting Solvency II and related regulatory frameworks, our technology is continually updated to reflect evolving regulatory requirements. This ensures your firm stays ahead of compliance changes and avoids costly last-minute adjustments.
The Insurance Recovery and Resolution Directive is more than just another compliance hurdle—it is an opportunity for insurers to enhance resilience and demonstrate proactive governance to regulators and stakeholders alike. With Solvency II Solutions as your technology partner, you can transform this regulatory challenge into a competitive advantage, knowing your IRRD XBRL submissions are handled with precision, speed, and reliability.