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Balance Sheet Cash Flow Statement 1301 N. Hagadorn Rd. East Lansing, MI 48823 MI Tel. 517-351-1150 Toll Free 800-748-0465 Fax 517-351-7866 |
Type: Public
On the web:
http://www.apcapital.com
Employees:
162
Employee growth: (3.0%)
American Physicians Capital (APCapital) helps doctors sleep more soundly at night. The company writes medical professional-liability insurance through subsidiary American Physicians Assurance Corporation. Operating principally in a handful of states in the Midwest, it concentrates on individual and small-group practices and has more than 9,000 policies in force. Other subsidiaries deal with income portfolio management, health care consulting, and physician and medical staff credential verification and review. Founded in 1975, the company was known as Mutual Insurance Corporation until 2000, when it was demutualized.
Key numbers for fiscal year ending December, 2008:
Sales: $161.2M
One year growth: (12.0%)
Net income: $45.2M
Income growth: (14.4%)
Officers:
Chairman: AppaRao Mukkamala
President, CEO, and Director; President, American Physicians Assurance: R. Kevin Clinton
EVP, COO, and Secretary; COO, American Physicians Assurance: Annette E. Flood
Competitors:
CNA Financial
FPIC Insurance
ProAssurance
