Risk Management Solutions (RMS) has released a data formatting tool designed to convert data into a common format usable by insurers, brokers and reinsurers.

It said the Data Wizard product automates the process of preparing account information according to the Acord Open Market Standard.

RMS said it was distributing the tool free of charge through its website www.rms.com/datawizard.

The tool functions as an add-on to Microsoft Excel.

“The RMS Data Wizard will further facilitate adoption of Acord Open Market Exposure Reporting Standard,” said Acord UK/European standards manager Phil Brown.

“RMS providing this free of charge is a welcome contribution to the insurance market.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.