Effective vendor management and contract negotiation are critical components of successful technology partnerships in the insurance industry. This roundtable will examine essential elements of successful vendor contracts, including service level agreements, data security requirements, and performance metrics. Participants will share experiences in contract negotiation, discuss strategies for managing vendor relationships throughout the contract lifecycle, and explore approaches to risk mitigation. Additional topics may include emerging considerations in vendor contracts, such as AI usage rights, data ownership, and regulatory compliance requirements. Attendees will gain practical insights into developing and maintaining mutually beneficial vendor relationships while protecting their organization's interests.