Insurance for Digital Health
Comprehensive Coverage for Healthtech Innovators
From protecting sensitive client data to navigating an ever-changing regulatory landscape, Digital Health organizations face challenging operating environments and liabilities.
Business Insurance for Digital Health
Expert guidance from industry veterans
Easy digital management
Coverages tailored for your risk exposures
BUSINESS INSURANCE FOR
Digital Healthcare
Provision of telehealth and virtual care services, including video conferencing, remote monitoring, and communication via mobile health applications.
Health Information Technology (HIT)
Clinical intelligence, data exchange platforms and interoperability providers, IT consulting, care coordination, RCM, workflow automation.
Wearables
Devices that monitor and track patient health including activity trackers, smart watches, and medical-grade sensors.
Health Data
Tools, software, and platforms used to aggregate and analyze large healthcare datasets for clinician insight, decision making, and patient care management.
Coverages for Digital Health Companies
Build your protection based on your risks and growth plans.
Health and digital health companies have unique risks. Vouch provides exposure-driven coverages for comprehensive protection.
Digital Health Insurance Essentials
Errors & Omissions
Protection for when a mistake in your service causes a financial loss to a client or customer.
+ DIGITAL HEALTH ADD-ON
Cyber
Protection for the cost of data breaches caused by mistakes, hacking and social engineering.
+ DIGITAL HEALTH ADD-ON
Medical Malpractice Coverage
Also referred to as Medical Malpractice, coverage for licensed health care professionals for negligent acts or errors resulting in patient injury.
Directors & Officers
Protection for the firm and the personal assets of founders, executives, and board members.
Employment Practice Liability
Protection from allegations of wrongdoing by and between managers and employees.
General Liability
Foundational protection for the basic risks of running a tech company.
Business Personal Property
Protection from allegations of wrongdoing by and between managers and employees.
BUSINESS INSURANCE FOR DIGITAL HEALTH COMPANIES
With exclusive coverages designed especially for Digital Health companies, you can trust you are properly protected with insurance that scales with you.
WHY VOUCH
Vouch is the modern insurer trusted by 280+ Digital Health Companies.
Our team of advisors, underwriters, claims managers, and specialty brokers are experts–not just in insurance, but in your business.
Built for Digital Health
Exclusive coverages designed to protect you against critical exposures, both as a healthcare company and as a tech company.
Modern UX
One streamlined digital platform removes the friction from the insurance experience, including purchasing coverage, adjusting coverages, filing claims, and requesting certificates of insurance.
Deep Affinity and Expertise
Expert insurance consultants with deep knowledge of the digital health industry, who can help you navigate the specific risks you face.
Dedicated Account Managers
Designated insurance advisors to provide personalized risk management advice and support, ensuring optimal protection for your business.
Access to Specialty Policies
Access to a broad market of 80+ carriers for specialized products at competitive pricing through our brokerage team's expertise.
CLAIMS EXAMPLES
Protecting you against critical exposures.
Case Study
Incident
A startup develops machine learning and artificial intelligence software to improve pathology techniques and drive faster, more accurate disease diagnosis. However, during their latest release, a bug in the software prevented several clients of the startup from reliably using the software. The clients filed suit against the startup for financial losses resulting from the error.
Resolution
The Vouch E&O policy responds by covering the cost of an attorney to represent the company, and funds settlements with several of the company’s clients.
Incident
A startup provides a software platform used by hospitals to manage back-end resourcing. Suddenly, a bug causes a 72 hour outage. As a result, the hospitals cannot access their systems, there is damage to the network infrastructure, and personal health information (PHI) are breached.
Resolution
This is an example of a common, complex claim scenario that may trigger multiple coverages, including E&O and Cyber. In this case, the client’s E&O policy covers financial losses resulting from the software failure. Their Cyber policy covers cyber breach response costs as well as business income loss expenses associated with the cyber breach.
Medical Diagnostics Startup
Incident
A startup develops machine learning and artificial intelligence software to improve pathology techniques and drive faster, more accurate disease diagnosis. However, during their latest release, a bug in the software prevented several clients of the startup from reliably using the software. The clients filed suit against the startup for financial losses resulting from the error.
Resolution
The Vouch E&O policy responds by covering the cost of an attorney to represent the company, and funds settlements with several of the company’s clients.
Healthcare IT Startup
Incident
A startup provides a software platform used by hospitals to manage back-end resourcing. Suddenly, a bug causes a 72 hour outage. As a result, the hospitals cannot access their systems, there is damage to the network infrastructure, and personal health information (PHI) are breached.
Resolution
This is an example of a common, complex claim scenario that may trigger multiple coverages, including E&O and Cyber. In this case, the client’s E&O policy covers financial losses resulting from the software failure. Their Cyber policy covers cyber breach response costs as well as business income loss expenses associated with the cyber breach.
A Medical Device Company
Incident
A series C startup makes driverless vehicles for delivery services that operate on city streets and highways. On a busy Friday evening, a brake malfunction causes one of their vehicles to rearend multiple cars at traffic stops, causing significant property damage. A class action lawsuit is filed against the startup on behalf of the owners whose vehicles were damaged.
Resolution
The products and completed operations portion of the general liability policy provides coverage for the cost of attorneys’ fees to defend the class action, and a potential settlement or judgment up to the policy limits.
BUSINESS INSURANCE FOR DIGITAL HEALTH COMPANIES
Start by applying online in 10-minutes or less.
Questions? Talk to an Insurance Advisor to review coverages.
Review your quote and activate coverage within 1 business day.
WHAT CLIENTS SAY
“We love that Vouch is a one-stop-shop for all our insurance needs, from D&O to Cyber, it’s all in the Vouch Platform. No matter what, if we have a question, we know exactly who to go to. And the responsiveness of the Vouch team is exactly what we look for in a partner.”
Mikel Jacinto
Chief of Staff, Rupa Health
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“It was super refreshing to talk about coverage with insurance advisors who really understood our industry and what we needed. The whole process was nice and simple.”
Zorina Noland
Finance Manager, Element5
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“Our customers have big insurance requirements. We realized working with Vouch that our prior coverage put us in a very vulnerable position. Vouch gives us the confidence that we’re appropriately covered.”
Justin Barad
MD and CEO, OssoVR
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VOUCH Team
Meet our Life Science Experts
George Aliaga
LEAD BROKER
George has 15+ years of industry experience on the brokerage and carrier side with an emphasis on Healthcare & Life Sciences, including biotechnology, medical devices, integrated health systems, independent specialty physician groups and telemedicine. His expertise includes complex casualty, professional liability, cyber and captive solutions.
Matthew Miller
LEAD UNDERWRITER
Matt has been working with Life Science companies his entire professional career. Prior to joining Vouch, Matt worked as a Life Sciences Underwriter at Chubb Insurance. His areas of expertise include Pharmaceutical, Medical Devices, Digital Health, Supplement/Nutraceutical, Biotechnology, & Clinical Trials companies.
INSURANCE 101
Closing the Insurance Gap: Ensuring Protection for Digital Health Companies
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