MS Amlin launches AI tool Wordy Bot
MS Amlin launched Wordy Bot, an AI tool expected to halve reinsurance contract review times ahead of the January 1 renewal season.
Developed with MSIG Asia in Singapore, the tool checks contracts against MS Amlin’s underwriting standards and flags missing clauses, wording differences and potential inconsistencies for review by underwriters and its wordings team. It also helps assess how wording changes affect coverage and exposure.
Wordy Bot is already deployed across MS Amlin’s North American property reinsurance book. The insurer plans to expand it to North American casualty reinsurance, then the rest of its reinsurance portfolio and eventually direct insurance.
The tool supports contract analysis while leaving underwriting decisions with its staff.
