2026-10-30 · Source: Insurance Business UK
Summary in 3 Points • MS Amlin has launched an AI tool to halve reinsurance contract wording review times for underwriters. • The tool, Wordy Bot, flags inconsistencies and missing clauses, enhancing underwriting efficiency. • Faster reviews could lead to quicker placements and clearer communication between brokers and reinsurers. --- MS Amlin has introduced an AI tool named Wordy Bot, designed to significantly reduce the time required for reviewing reinsurance contract wordings. This innovation aims to enhance the efficiency of underwriters, allowing them to respond more swiftly to brokers during the crucial January 1 renewal season. By analysing contracts against MS Amlin's underwriting standards, the tool identifies inconsistencies and missing clauses, which should streamline the review process and reduce the number of revisions needed. The implementation of Wordy Bot is particularly timely as the reinsurance market softens, with cedants seeking broader terms. The tool is currently in use for MS Amlin's North American property reinsurance and will expand to other lines. Faster and more consistent wording reviews could alleviate delays in placements, while reinsurers using AI tools will likely identify wording changes more effectively. This could lead to clearer communication and a more thorough assessment of changes requested by brokers. The introduction of Wordy Bot by MS Amlin enhances underwriting efficiency in reinsurance, crucial for navigating the softening market and ensuring clarity in contract terms.
The introduction of Wordy Bot by MS Amlin enhances underwriting efficiency in reinsurance, crucial for navigating the softening market and ensuring clarity in contract terms.