MS Amlin says AI tool will halve reinsurance wording review time
The Lloyd's (re)insurer is already using the tool on its North American property reinsurance book for the 1 January renewals.
MS Amlin, the Lloyd's specialist (re)insurer, has launched an AI tool it expects to halve the time it takes to review reinsurance contract wordings, the company said on 29 October.
The tool, known internally as Wordy Bot, checks reinsurance contracts against MS Amlin's underwriting standards. It flags missing clauses, wording differences and potential inconsistencies for its underwriters and wordings team to review.
Wordy Bot is already in use on MS Amlin's North American property reinsurance book and will support the team through the 1 January renewals. The company plans to extend it to North American casualty reinsurance, then the rest of its reinsurance portfolio and, later, direct insurance.
"For brokers, the value of Wordy Bot is the potential for quicker reviews, fewer avoidable questions and greater clarity over the wording before a contract is finalised," said Martin Burke, chief underwriting officer at MS Amlin.
Burke said the tool "does not make underwriting decisions or replace the judgement of our underwriters and wordings team". He said it means underwriters can spend more time interpreting wording changes rather than identifying them.
The tool was built by MS Amlin teams in London with MSIG Asia in Singapore, through the group's global automation programme. Dr Fei Ling Woon, head of robotics in MS Amlin's business services team, led the work. MS Amlin said the tool also gives insight into wording changes at both transaction and portfolio level.
MS Amlin said faster first reviews should mean fewer rounds of questions and revisions with brokers before placement.
Related coverage: Travelers cedes more cyber premium to reinsurers from 1 October and Allphins says reinsurers are checking accumulation before they bind.
Sources
- MS Amlin launches AI wordings tool ahead of January renewal season, Asia Insurance Post, 29 October 2026
- MS Amlin launches AI tool to halve reinsurance wording reviews, Insurance Business UK, 30 October 2026
- MS Amlin launches AI-powered contracts reviewer, Insurance Day, 29 October 2026
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