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Tools/Compare

Trust Risk Management Services (APA Insurance Trust) vs PRMS

Show:
Detail:
Attribute
malpractice-insurance

Trust Risk Management Services (APA Insurance Trust)

Trust Risk Management Services

malpractice-insurance

PRMS

Professional Risk Management Services

Trust Risk Management Services (APA Insurance Trust)
PRMS
Key Differencesat a glance
Trust Risk Management Services (APA Insurance Trust):Purpose-built for mental health
PRMS:Purpose-built for mental health

Overview

Tool Name
Trust Risk Management Services (APA Insurance Trust)
PRMS
Tool Name
Trust Risk Management Services (APA Insurance Trust)
Trust Risk Management Services (APA Insurance Trust)
PRMS
PRMS
What It Is
APA-endorsed professional liability insurance exclusively for psychologists with 50+ years of specialized coverage.
The leading malpractice insurer for psychiatrists, endorsed by the American Psychiatric Association for 40+ years.
What It Is
Trust Risk Management Services (APA Insurance Trust)
APA-endorsed professional liability insurance exclusively for psychologists with 50+ years of specialized coverage.
PRMS
The leading malpractice insurer for psychiatrists, endorsed by the American Psychiatric Association for 40+ years.
Primary Category
malpractice-insurance
malpractice-insurance
Primary Category
Trust Risk Management Services (APA Insurance Trust)
malpractice-insurance
PRMS
malpractice-insurance
Founded
Unknown
Unknown
Founded
Trust Risk Management Services (APA Insurance Trust)
Unknown
PRMS
Unknown
Best For
Licensed psychologists (PsyD, PhD); Psychology doctoral students and interns; Psychologists doing forensic or custody work
Psychiatrists in private practice; Forensic psychiatrists needing expert witness coverage; Psychiatrists prescribing ketamine or doing ECT
Best For
Trust Risk Management Services (APA Insurance Trust)
Licensed psychologists (PsyD, PhD); Psychology doctoral students and interns; Psychologists doing forensic or custody work
PRMS
Psychiatrists in private practice; Forensic psychiatrists needing expert witness coverage; Psychiatrists prescribing ketamine or doing ECT

Pricing

Starting Price
~$350/year
~$2,000/year
Starting Price
Trust Risk Management Services (APA Insurance Trust)
~$350/year
PRMS
~$2,000/year
Pricing Model
flat-annual
flat-annual
Pricing Model
Trust Risk Management Services (APA Insurance Trust)
flat-annual
PRMS
flat-annual
Free Trial
No free trial
No free trial
Free Trial
Trust Risk Management Services (APA Insurance Trust)
No free trial
PRMS
No free trial
Pricing Details
APA members receive preferred rates. Premiums vary by state, coverage limits, practice focus (forensic work costs more), and hours worked. Online quotes available.
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
Trust Risk Management Services (APA Insurance Trust)
APA members receive preferred rates. Premiums vary by state, coverage limits, practice focus (forensic work costs more), and hours worked. Online quotes available.
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
Trust Risk Management Services (APA Insurance Trust)
No
PRMS
No
BAA Available
No
No
BAA Available
Trust Risk Management Services (APA Insurance Trust)
No
PRMS
No
SOC 2 Certified
Unknown
Unknown
SOC 2 Certified
Trust Risk Management Services (APA Insurance Trust)
Unknown
PRMS
Unknown
HITRUST Certified
Unknown
Unknown
HITRUST Certified
Trust Risk Management Services (APA Insurance Trust)
Unknown
PRMS
Unknown

Features

Mobile App
No
No
Mobile App
Trust Risk Management Services (APA Insurance Trust)
No
PRMS
No
Mental Health Specific
Yes
Yes
Mental Health Specific
Trust Risk Management Services (APA Insurance Trust)
Yes
PRMS
Yes

Integrations

Total Integrations
None listed
None listed
Total Integrations
Trust Risk Management Services (APA Insurance Trust)
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
Trust Risk Management Services (APA Insurance Trust)
Solo, Small (2-10), Medium (11-50)
PRMS
Solo, Small (2-10), Medium (11-50)
Customer Base
Unknown
Unknown
Customer Base
Trust Risk Management Services (APA Insurance Trust)
Unknown
PRMS
Unknown

Ready to Get Started?

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Trust Risk Management Services (APA Insurance Trust)
PRMS