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Counterpart Launches Allied Healthcare Offering to Address Evolving Medical Industry Risks

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Counterpart, an Agentic Insurance platform, has introduced its Allied Healthcare offering, expanding its Management Liability and Miscellaneous Professional Liability portfolio to provide specialized professional liability coverage for emerging risks faced by healthcare providers adopting new technologies and remote care models.The new Allied Healthcare product targets underserved health providers, including Imaging and Diagnostic Centers, home healthcare services, and medspas. It is designed to offer tailored protection for outpatient services and remote care models, encompassing areas such as AI-assisted diagnostics, fitness applications, and virtual platforms. The coverage specifically addresses liability gaps in the wellness industry and digital-enabled care, covering bodily injury, diagnostic error, and technology-driven negligence. Developed in collaboration with wholesale brokers, the offering is backed by A-rated paper.Tom Levin, Senior Vice President, Healthcare Broker at CRC Group, noted the existing gaps: “We’ve seen firsthand how gaps in traditional liability policies are leaving healthcare clients exposed as they adopt new technologies. Counterpart’s Allied Healthcare product can fill that void: smart underwriting, clear terms, and support that matches the pace brokers need.”The global wellness sector, valued at $2 trillion, has experienced significant growth that traditional insurers have struggled to keep pace with, particularly concerning modern coverage models. The surge in telehealth, from 14% in 2018 to 66% in 2022, has highlighted a need for updated insurance safeguards. Data indicates an adverse reaction can result in legal costs of up to $72,000, underscoring the demand for coverage that supports providers in an evolving patient care landscape.Leading this expansion for Counterpart is Chris Robowski, recently appointed as Director of Allied Healthcare. Robowski brings over 15 years of experience in allied healthcare programs, having previously served as Senior Vice President of Allied Healthcare Services at Berkshire Hathaway. Robowski stated, “Counterpart is building the kind of insurance platform the industry needs: modern coverage supported by technology that helps brokers and businesses manage risk more efficiently. The dedication to driving better outcomes for our customers drew me to the Counterpart team. The Allied Healthcare product reflects that commitment and gives insureds and brokers a solution designed for the realities of today’s healthcare environment.”Counterpart’s Agentic Insurance platform currently serves small businesses through more than 2,000 brokers, having placed over 20,000 policies. The platform allows brokers to receive quotes rapidly and utilize Counterpart’s Digital Risk Score for precise underwriting. Insureds gain access to 24/7 digital claims service and real-time risk insights. The Agentic Risk Mitigation™ platform further supports Allied Healthcare providers by combining AI-powered insights with expert support to identify exposures and help prevent claims, providing data-driven protection for a healthcare sector that is increasingly distributed, technology-driven, and risk-sensitive. Counterpart is backed by A-rated carriers including Aspen, Markel, and Westfield Specialty.

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