Vouch vs Embroker

Both are San Francisco startup-insurance specialists that sell online, but they are built differently. Vouch is now a pure broker that places cover with carriers, having agreed to sell its underwriting arm to Hiscox. Embroker acts as your broker and also sells its own programs, and it adds an AI endorsement to eligible tech E&O and cyber quotes.

Read from each company’s own pages, checked 22 October 2026. We take no commissions from either.

Side by side

Vouch and Embroker compared
	Vouch	Embroker
What it is	Broker	Digital broker with its own programs
Who underwrites	Places cover with carriers it describes as AM Best-rated but does not name. Hiscox agreed in August 2025 to buy Vouch’s underwriting agency (Corix) and its insurer (Vouch Insurance Company), and Vouch has a multi-year distribution agreement with Hiscox.	Some of its own programs are underwritten by Everspan, a partnership Embroker announced in October 2024. Its FAQ says policies are issued by their respective carriers without naming them all.
AI cover	“AI Insurance”, launched in January 2024, which Vouch describes as a specialized tech E&O policy covering AI errors, bias and discrimination, IP claims and defense costs for regulatory investigations. Vouch says it typically does not cover intentional misconduct, physical harm from AI hardware or cyber incidents. Limits are not published.	An Artificial Intelligence Coverage Endorsement, added automatically to eligible tech E&O and cyber quotes. It confirms AI-delivered services count as tech services and covers AI discrimination claims, defense costs for regulatory investigations and algorithm removal expenses up to $150,000. The page shows an effective date of 5 August 2025; Embroker’s announcement is dated 26 May 2026.
Who it is for	Growing companies in technology (including AI, crypto, fintech and SaaS), healthcare and life sciences, professional services and financial services.	Funded startups and tech companies, plus law firms, VC and PE firms, financial services, real estate agents and consultants.
How you buy	Online application with licensed advisers. Vouch says over 80% of companies get a quote and buy within one business day.	Online quote and purchase, with licensed brokers for some cover. Other brokers can sell its products through Embroker Access.
Published prices	No price list, but its guides publish median premiums paid by its own clients: about $2,000 a year for tech E&O at a $1M limit, $2,755 for cyber and $6,000 for D&O.	Not published
Licenses	Vouch Specialty Insurance Services publishes property-casualty license numbers for all 50 states and DC, and surplus lines numbers for all but Georgia (NPN 19926463).	Lists license numbers by state without naming the licensed company. It says it is licensed in all 50 states and DC, but Rhode Island is not on its list.
Ownership and funding	Venture-backed. Raised $90M in September 2021 at a reported $550M valuation, taking the total to $160M, and $25M in March 2024, taking it to more than $185M.	Venture-backed. Its last announced round was a $100M Series C led by FTV Capital in June 2021, taking the total raised to more than $140M.
Founded	2018, San Francisco	2015, San Francisco
Online reviews	Trustpilot: 3.5 from 5 reviews; G2: 4.7 from 3 reviews	Trustpilot: 2.9 from 2 reviews; G2: 5.0 from 1 review
Regulatory actions found	None found	Texas Department of Insurance consent order, 2 December 2025: Embroker Insurance Services filed 2024 surplus lines policies late and paid the assessed fees late. Penalty $1,225. Order

The differences that matter

Vouch is a stand-alone broker since agreeing to sell its underwriting agency and insurer to Hiscox in August 2025. Embroker acts as your broker when you buy and also sells programs of its own, some underwritten by Everspan. [1][2]
Vouch sells “AI Insurance”, which it calls a specialized tech E&O policy. Embroker adds an AI endorsement to eligible tech E&O and cyber quotes, with algorithm removal expenses up to $150,000. [1][2]
Vouch’s site features advice services such as contract reviews and claims advocacy. Embroker’s lists coverages, and it also serves law firms, real estate agents and consultants. [1][2]
Vouch names its licensed company and lists license numbers for every state. Embroker lists numbers by state without naming the licensee, and Rhode Island is missing. [1][2]
We found one regulatory action between them: a $1,225 Texas penalty against Embroker in December 2025 for filing surplus lines policies late. [1]
Vouch publishes median premiums from its own clients, such as about $2,000 a year for tech E&O at a $1M limit. Embroker’s pages that we read publish no prices. [1][2]

Which might suit you

Vouch may suit you if you want an adviser to shop your cover across carriers and help with contracts, investors and claims.
Embroker may suit you if you want AI wording added automatically to a tech E&O and cyber quote you can buy online.

Whichever you choose, ask who the insurer is on each policy, its financial rating, and the limits and exclusions on the AI wording. See what AI startup insurance costs for published price data. Our AI clause scanner flags AI exclusions in policy text, and the underwriting questions checklist shows what you will be asked.

Other options

Vouch and Embroker are two of several providers on our register that sell AI cover. Specialist AI liability policies, such as those from Armilla and Testudo, are sold mainly through brokers. See insurance for AI startups for what to buy at each stage, or the full register.

More comparisons: Corgi vs Vouch · Corgi vs Embroker · all startup insurers side by side

Questions

Are Vouch and Embroker insurers or brokers?

Vouch is an insurance broker for startups and growing companies. It says it is not a carrier or a risk retention group. Embroker calls itself a digital-first insurance company. It becomes your broker when you buy, and also sells its own insurance programs.

Do Vouch and Embroker cover AI risks?

Both sell AI cover. Vouch: “AI Insurance”, launched in January 2024, which Vouch describes as a specialized tech E&O policy covering AI errors, bias and discrimination, IP claims and defense costs for regulatory investigations. Vouch says it typically does not cover intentional misconduct, physical harm from AI hardware or cyber incidents. Limits are not published. Embroker: An Artificial Intelligence Coverage Endorsement, added automatically to eligible tech E&O and cyber quotes. It confirms AI-delivered services count as tech services and covers AI discrimination claims, defense costs for regulatory investigations and algorithm removal expenses up to $150,000. The page shows an effective date of 5 August 2025; Embroker’s announcement is dated 26 May 2026.

Which is cheaper, Vouch or Embroker?

Vouch: No price list, but its guides publish median premiums paid by its own clients: about $2,000 a year for tech E&O at a $1M limit, $2,755 for cyber and $6,000 for D&O. Embroker does not publish prices. Published figures are not quotes: get quotes from both for the same limits and retentions. Our cost guide gathers the published figures.

Do you earn a commission from either?

No. We do not sell insurance, take commissions or accept payment for placement or ranking. Every fact here comes from the companies' own pages or a named source.

Sources

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