--- title: When Should You Build Your Own Insurance Technology? Buy vs Build - Ask A Nerd Podcast description: Discover why most insurance startups should buy, not build, their technology systems. Learn about opportunity costs & strategic insights from experts Michelle and Nick. image: https://insnerds.com/hubfs/AI-Generated%20Media/Images/The%20image%20features%20a%20tatoo%20parlor%20from%20the%20outside%20On%20the%20window%20is%20a%20neon%20sign%20that%20says%20Buy%20vs%20Build.jpeg --- 1 min read # When Should You Build Your Own Insurance Technology? Buy vs Build - Ask A Nerd Podcast [![Picture of Nicholas Lamparelli](https://insnerds.com/hubfs/Nick%20Lamparelli(Headshot%20GS).jpg) Nicholas Lamparelli ](https://insnerds.com/insights/author/nicholas-lamparelli) : Jul 18, 2025 12:31:22 PM [Buy vs Build](https://insnerds.com/insights/tag/buy-vs-build) [MGAs](https://insnerds.com/insights/tag/mgas) [Ask A Nerd](https://insnerds.com/insights/tag/ask-a-nerd) ![When Should You Build Your Own Insurance Technology? Buy vs Build - Ask A Nerd Podcast](https://insnerds.com/hubfs/AI-Generated%20Media/Images/The%20image%20features%20a%20tatoo%20parlor%20from%20the%20outside%20On%20the%20window%20is%20a%20neon%20sign%20that%20says%20Buy%20vs%20Build.jpeg) Many a new MGA go down the path of building their own internal systems such as CRMs, Policy Management Systems, Claims systems. Is this a good idea? That's What Michelle and Nick discuss in the latest episode of Ask A Nerd. WATCH & LISTEN HERE:   IN summary, for the vast majority of startups you should NOT build. Why? 1. Opportunity costs - you are building something that is not part of a revenue generating product. Your focus should be on the product and executing your value proposition. Every day you are not in market, is another day where you are burning up previous capital 2. Even if the system is vital to the product in some way, you should still buy. Why? Because you dont know what to build!!! If you decide you strategically need to have a Policy Management System that is fully yours, you dont know how to even build that. You are still better off buying a solution and learning what you want for you system and using that as an MVP for your design. [![How Building Your Technology Infrastructure, Is Like Building A Winning Football Team](https://insnerds.com/hubfs/Imported_Blog_Media/Potential-vs-Polish.png) ](https://insnerds.com/insights/how-building-your-technology-infrastructure-is-like-building-a-winning-football-team) 4 min read #### [How Building Your Technology Infrastructure, Is Like Building A Winning Football Team](https://insnerds.com/insights/how-building-your-technology-infrastructure-is-like-building-a-winning-football-team) [Bruce Broussard](https://insnerds.com/insights/author/bruce-broussard) : May 26, 2024 12:00:00 AM How Building Your Technology Infrastructure, Is Like Building A Winning Football Team by Bruce Broussard When the 2024 National Football League... [Buy vs Build](https://insnerds.com/insights/tag/buy-vs-build) [Total Cost of Ownership](https://insnerds.com/insights/tag/total-cost-of-ownership) [Data & Analytics](https://insnerds.com/insights/tag/data-analytics) [Read More](https://insnerds.com/insights/how-building-your-technology-infrastructure-is-like-building-a-winning-football-team) [![Build vs Buy – A Debate and Discussion On How To Create and Optimize A Decision Criteria (WEBINAR RECAST)](https://insnerds.com/hubfs/Imported_Blog_Media/Lamparelli-100x100-Jan-03-2025-01-41-56-8897-AM.jpg) ](https://insnerds.com/insights/build-vs-buy-a-debate-and-discussion-on-how-to-create-and-optimize-a-decision-criteria-webinar-recast) 3 min read #### [Build vs Buy – A Debate and Discussion On How To Create and Optimize A Decision Criteria (WEBINAR RECAST)](https://insnerds.com/insights/build-vs-buy-a-debate-and-discussion-on-how-to-create-and-optimize-a-decision-criteria-webinar-recast) ![Picture of Nicholas Lamparelli](https://insnerds.com/hs-fs/hubfs/Nick%20Lamparelli(Headshot%20GS).jpg?width=30&name=Nick%20Lamparelli(Headshot%20GS).jpg) [Nicholas Lamparelli](https://insnerds.com/insights/author/nicholas-lamparelli) : Jun 9, 2024 12:00:00 AM Build vs Buy – A Debate and Discussion On How To Create and Optimize A Decision Criteria (WEBINAR RECAST) by Nicholas Lamparelli (This is a... [Buy vs Build](https://insnerds.com/insights/tag/buy-vs-build) [Webinars](https://insnerds.com/insights/tag/webinars) [Read More](https://insnerds.com/insights/build-vs-buy-a-debate-and-discussion-on-how-to-create-and-optimize-a-decision-criteria-webinar-recast) [![The Audit Binder: Building Your Compliance Shield Before You Need It](https://media.licdn.com/dms/image/v2/D4E12AQGVMtJdthtHBQ/article-cover_image-shrink_600_2000/B4EZsknk4_HgAQ-/0/1765845929431?e=1767225600&v=beta&t=bZXL3-szQzf8sc5uxRFmrVb69_bEHaQGHA91VmfKncI) ](https://insnerds.com/insights/the-audit-binder-building-your-compliance-shield-before-you-need-it) 3 min read #### [The Audit Binder: Building Your Compliance Shield Before You Need It](https://insnerds.com/insights/the-audit-binder-building-your-compliance-shield-before-you-need-it) ![Picture of Nicholas Lamparelli](https://insnerds.com/hs-fs/hubfs/Nick%20Lamparelli(Headshot%20GS).jpg?width=30&name=Nick%20Lamparelli(Headshot%20GS).jpg) [Nicholas Lamparelli](https://insnerds.com/insights/author/nicholas-lamparelli) : Dec 16, 2025 2:22:23 PM This article is based on an article in Compliance Corner wriiten by Ido Deutsch of ProducerFlow and Michelle Bothe of Finsure For insurance... [Compliance Corner](https://insnerds.com/insights/tag/compliance-corner) [Read More](https://insnerds.com/insights/the-audit-binder-building-your-compliance-shield-before-you-need-it) ![](https://px.ads.linkedin.com/collect/?pid=7110236&fmt=gif) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Nicholas Lamparelli", "url" : "https://insnerds.com/insights/author/nicholas-lamparelli" }, "dateModified" : "2025-07-18T16:31:32.595Z", "datePublished" : "2025-07-18T16:31:22.000Z", "headline" : "When Should You Build Your Own Insurance Technology? 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