BMS uses Contract Builder from Artificial Labs as a component of its digital strategy.

In February 2024, the digital contract-building platform will be introduced into a few BMS business lines. Later in the year, more integrations into other lines are planned.

The company's current Broker Workbench will incorporate the Contract Builder platform, allowing for smooth contract building and slip assembly procedures.

The project will lower manual data entry, improve analytical reporting capabilities, and complement BMS's digital strategy, demonstrating their dedication to embracing digital transformation in the insurance industry.

The BMS Group's Chief Operating Officer, Adam Stafford, said, "Broking teams rarely show as much enthusiasm for a new product as they have with Artificial Labs' Contract Builder." The shift has gone smoothly, and as we work with the Artificial Labs team to improve our digital ecosystem, I'm excited to see it implemented throughout the rest of our teams.

BMS is a self-governing, specialized insurance and reinsurance broker committed to offering cutting-edge solutions and industry knowledge.

Artificial Labs provides cutting-edge solutions for the insurance business and specializes in algorithmic underwriting. Their Contract Builder technology improves accuracy and efficiency for insurance brokers by streamlining the contract-building process.

Co-founder and co-CEO of Artificial Labs David King spoke highly of the collaboration. "We are thrilled to partner with BMS and acknowledge their invaluable contribution to its development," the speaker stated. We must collaborate with businesses that aspire to be a part of the insurance industry's future, and we believe we have done so with BMS. The collaboration is a symbol of the quality of our offerings and the efforts we are making to develop cutting-edge technology solutions for the insurance industry.