American Professional Agency:Purpose-built for mental health
PRMS:Purpose-built for mental health
Overview
Tool Name
American Professional Agency
PRMS
Tool Name
American Professional Agency
American Professional Agency
PRMS
PRMS
What It Is
Specialized malpractice insurance for mental health and social service professionals since 1978.
The leading malpractice insurer for psychiatrists, endorsed by the American Psychiatric Association for 40+ years.
What It Is
American Professional Agency
Specialized malpractice insurance for mental health and social service professionals since 1978.
PRMS
The leading malpractice insurer for psychiatrists, endorsed by the American Psychiatric Association for 40+ years.
Primary Category
malpractice-insurance
malpractice-insurance
Primary Category
American Professional Agency
malpractice-insurance
PRMS
malpractice-insurance
Founded
Unknown
Unknown
Founded
American Professional Agency
Unknown
PRMS
Unknown
Best For
LCSWs, LMFTs, and LPCs seeking competitive rates; Clinicians with multiple licenses or specialties; Group practices needing entity coverage
Psychiatrists in private practice; Forensic psychiatrists needing expert witness coverage; Psychiatrists prescribing ketamine or doing ECT
Best For
American Professional Agency
LCSWs, LMFTs, and LPCs seeking competitive rates; Clinicians with multiple licenses or specialties; Group practices needing entity coverage
PRMS
Psychiatrists in private practice; Forensic psychiatrists needing expert witness coverage; Psychiatrists prescribing ketamine or doing ECT
Pricing
Starting Price
~$140/year
~$2,000/year
Starting Price
American Professional Agency
~$140/year
PRMS
~$2,000/year
Pricing Model
flat-annual
flat-annual
Pricing Model
American Professional Agency
flat-annual
PRMS
flat-annual
Free Trial
No free trial
No free trial
Free Trial
American Professional Agency
No free trial
PRMS
No free trial
Pricing Details
Competitive rates with discounts for multiple years, claim-free history, and association memberships. Specialty endorsements available for additional modalities.
APA members receive preferred rates. Premiums vary by state, procedure mix (ECT, ketamine), forensic work, and coverage limits. Psychiatrist premiums are generally higher than non-prescriber mental health professionals due to medication liability.
Pricing Details
American Professional Agency
Competitive rates with discounts for multiple years, claim-free history, and association memberships. Specialty endorsements available for additional modalities.
PRMS
APA members receive preferred rates. Premiums vary by state, procedure mix (ECT, ketamine), forensic work, and coverage limits. Psychiatrist premiums are generally higher than non-prescriber mental health professionals due to medication liability.
Compliance & Security
HIPAA Compliant
No
No
HIPAA Compliant
American Professional Agency
No
PRMS
No
BAA Available
No
No
BAA Available
American Professional Agency
No
PRMS
No
SOC 2 Certified
Unknown
Unknown
SOC 2 Certified
American Professional Agency
Unknown
PRMS
Unknown
HITRUST Certified
Unknown
Unknown
HITRUST Certified
American Professional Agency
Unknown
PRMS
Unknown
Features
Mobile App
No
No
Mobile App
American Professional Agency
No
PRMS
No
Mental Health Specific
Yes
Yes
Mental Health Specific
American Professional Agency
Yes
PRMS
Yes
Integrations
Total Integrations
None listed
None listed
Total Integrations
American Professional Agency
None listed
PRMS
None listed
Support & Fit
Practice Sizes
Solo, Small (2-10), Medium (11-50)
Solo, Small (2-10), Medium (11-50)
Practice Sizes
American Professional Agency
Solo, Small (2-10), Medium (11-50)
PRMS
Solo, Small (2-10), Medium (11-50)
Customer Base
Unknown
Unknown
Customer Base
American Professional Agency
Unknown
PRMS
Unknown
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