The objective of EIOPA’s Tool for Undertakings project is to provide insurance firms with a simple and basic software tool to create and validate XBRL instances from Solvency II harmonized quantitative reporting templates (QRT).
The tool is oriented toward small and medium sized undertakings to create, edit, correct, complete and validate XBRL instance documents. It is designed to help firms without XBRL knowledge to implement Solvency II harmonized quantitative reporting in XBRL.
The release documents can be found here.
Due to budget restrictions EIOPA will have to decommission the T4U from the second half of 2017 after undertakings have conducted the first Solvency II reporting exercise. The Tool will not be updated to support the 2.2.0 or following taxonomies.