As AI becomes central to insurance operations, leaders face a fundamental strategic choice: build proprietary capabilities, buy vendor platforms, or partner across the ecosystem. This decision affects speed to market, differentiation, cost structure, and long-term competitive positioning. In this fireside chat, an industry executive shares how their organization evaluates AI investment decisions across underwriting, claims, and distribution. What capabilities must remain core? Where do vendor partnerships accelerate value? And how should insurers think about integration, vendor risk, and long-term scalability? This session explores the economic and strategic trade-offs shaping AI adoption in modern insurance enterprises.