If it's purely about fast insertion, GMS1, GMS2, and GMEdit all have snippet support.
GMS1:
Snippet file location: %APPDATA%\GameMaker-Studio\snippets.txt
Keyboard shortcut: F2
GMS2:
Snippet file location: %PROGRAMFILES%\GameMaker Studio 2\TextEditor\snippets.txt
Keyboard shortcut: F4
Note: make a backup since the file can get overwritten on IDE updates
GMEdit:
Snippet file location: Accessed via Preferences - Code Editor - edit snippets (wiki)
Keyboard shortcut: none - shown in auto-completion when you start typing out snippet names