Making Solvency II Simple

Sign-up Today

Welcome to the age of
A.I. Assisted Compliance.

Navigate regulatory text at lightning speed and start automating horizon scanning with just a few clicks. Sign-up today and see how you can increase your regulatory workflow efficiency fourfold.

Screenshot Overlay Text
Visualised Searches

Search Beautifully

Our A.I. powered visual search covers multiple sources, helping you find the relevant rules at lightning speed.

Pin & Go

Manage Simply

Start managing the rules you care about with just a few clicks, no more copy-pasting to spreadsheets.

A.I. Assisted

Update Automatically

Once we know the rules you care about, our bots take over to automate your horizon scanning.

Our users work at ...

CMILE is for

Compliance teams

Policy Makers & Supervisors

Lawyers & Consultants

Educational Institutions

It feels odd to admit, but now I enjoy finding things in the FCA handbook.

Rachel D. Compliance @ Insurance Co.

I can totally see how CoVi Analytics is going to knock down the biggest barrier-to-entry for FinTechs, allowing FinTechs to stay lean at scale.

Jonas F. FinTech

At first I wasn't sure about the visualisation for the search results, but now I can't imagine searches without it!

Matthew B. Consultant @ Big 4

What is Solvency II?

Solvency II aims to improve policyholder protection and harmonise European insurance regulation. Some of its key features include:


Solvency II sets out a number of reporting requirements for insurers. These include; Quantitative Reporting Templates (QRTs), Solvency and Financial Condition Report (SFCR) and Regulatory Supervisory Report (RSR).

Standard Formula Calculations

The quantitative aspects for calculating Solvency II capital of a firm under Solvency II. See how the Solvency Capital Requirement (SCR) and the Minimum Capital Requirement (MCR) are expected to be calculated.

Internal Model Standards

Considering applying for an internal model and want to understand the standards expected to be in place. CMILE can help you quickly identify the data and the governance standards expected from internal model firms.

Governance requirements

Solvency II requires management to put in place an Own Risk and Solvency Assessment (ORSA) process and submit an annual health-check on its performed to their supervisors in the form of an ORSA report. ORSA identifies the risks that the business faces and the capital required to manage that risk.

Solvency II Regulatory Stack

The regulation stack consists of the Solvency II Directive (​2009/138/EC recasted to 2014/51/EU), Delegated Acts (Delegated Regulation ((EU) 2015/35)​​, a number of Implementing Technical Standards, EIOPA guidelines along with country-specific rules issued by each Member State.

Fit & Proper

Senior Insurance Managers Regime (SIMR) was introduced by the PRA to implement the Fit & Proper requirement of SII Directive. Through SIMR, the regulator has introduced personal regulatory duties for all "key" staff that are involved in material business decisions along with a certification regime for approved persons.

Start using CMILE Today!!and claim back hours that you would otherwise spend managing regulatory text