Startups can now entry specialised coverages beforehand restricted to bigger firms.
SAN FRANCISCO, Oct. 12, 2022 /PRNewswire/ — Vouch, a business insurance coverage enterprise targeted on tech firms, introduced its growth into the life science class with the introduction of latest proprietary insurance coverage options.
For many years, life science startups have struggled to accumulate enterprise insurance coverage. Massive insurance coverage carriers usually don’t insure early stage life science firms, particularly these which might be pre-revenue. Once they do, minimal premiums are prohibitively costly.
George Aliaga, Vouch’s Well being & Life Sciences Vertical Lead, sees super alternative