Dear APA Member:
In 2010, at the directive of the APA Board of Trustees, the APA changed its endorsed
malpractice insurance carrier from PRMS to the American Professional Agency, Inc. After an
extensive search for a new provider, we selected the American Professional Agency, Inc. based on
the company’s industry reputation as a leading national provider of mental health professional
liability insurance. American Professional Agency, Inc. has been insuring psychiatrists for over
30 years and has administered the American Academy of Child and Adolescent Psychiatry’s
member-only insurance program for over 10 years.
Our inquiries demonstrated that APA’s new program with American Professional Agency,
Inc. delivers a major upgrade to the coverage you need in today’s complex environment and
improves coverage features and rates, where possible, while maintaining an exclusive program
that is for our members only. We believe that American Professional Agency, Inc. offers many
coverage enhancements and rate reductions combined with a host of new discounts. For example,
the new program includes Fire Damage Legal Liability, Personal and Advertising Injury Coverage
and HIPAA fines and penalties coverage at no additional charge. There are also no surcharges for
filing a claim or board complaint.
We strongly encourage you to review all materials that you receive from American
Professional Agency, Inc. regarding the new endorsed insurance program for APA members. The
APA will continue to work with American Professional Agency, Inc. to bring our members the
best insurance product available to practicing psychiatrists. We hope that you will take a moment
to contact American Professional Agency, Inc. to learn more about this valuable member benefit
at (877) 740-1777 or visit www.apamalpractice.com. You can also email them at
psychiatry@americanprofessional.com.
Sincerely,
James H. Scully, Jr., M.D.
Medical Director & CEO
American Psychiatric Association
