Build vs. Buy
When to build or buy your
Underwriting Workbench for
Commercial & Specialty Underwriters
#underwritingevolution
Build vs Buy in the London Market
The build vs. buy decision is becoming more complicated as more options enter the market.
The question being asked is: do we build a custom solution or is there an option for the London Market?
Typically, insurers have had to consider building with more control at greater expense and risk, or buying a solution that can be deployed quickly with less customisation. In an increasingly complex insurance landscape, this is more than a technology decision.
It is essential for insurers to assess their current underwriting strategy and where they are within their underwriting journey.
Insurers may encounter limitations with off-the-shelf solutions that lack specialisation or face the complexity of managing low-code or self-build options.
Download your copy using the form to the right to discover how Send approaches the build vs. buy decision.