CAIPA Renews Agreement with Physicians' Reciprocal Insurers

ROSLYN, N.Y., July 24, 2018 /PRNewswire/ -- Physicians' Reciprocal Insurers ("PRI"), the second largest admitted medical malpractice insurer in New York State, today announced the renewal of a long-standing cooperative agreement with the Coalition of Asian-American IPA (CAIPA). Under the agreement, CAIPA members who are currently insured through PRI and new members who sign up for medical malpractice coverage can take advantage of significant discounts off standard rates.

PRI offers CAIPA members a 15 percent discount on PRI premiums, and those medical professionals who meet qualifications could receive discounts of up to 39 percent in total.

CAIPA is one of the largest Independent Practice Associations in New York City, with over 1,000 members. CAIPA professionals care for more than 450,000 patients in the region. PRI is currently the largest insurer of CAIPA members.

"CAIPA has been a valued partner to PRI for many years. Renewing our commitment to this highly-respected organization will allow us to continue to provide world-class malpractice insurance to the physicians and medical professionals who rely on our strength," said Bruce Shulan, CEO of PRIMMA, PRI's wholly owned Attorney-in-Fact. "We welcome our returning CAIPA members, and look forward to adding more in the coming months."

CAIPA members can take advantage of PRI Connect, PRI's full suite of web-based tools, accessed via www.pri.com to get a quote, apply for coverage, access information about their account, premiums, and check the status of any claims online 24/7.

About Physicians' Reciprocal Insurers

Physicians' Reciprocal Insurers (PRI), is the second largest admitted medical malpractice insurer in New York State and one of the Top Ten insurers in the country providing professional liability insurance to physicians and medical facilities. Founded in 1982 by doctors to serve the healthcare industry and its professionals, PRI continues to be a leader providing coverage and innovative products that anticipate the needs and further the financial goals of policyholders, and offers key services to help improve the liability environment for doctors, chiropractors, dentists and healthcare facilities.

About CAIPA

Chinese American IPA, Inc., d/b/a Coalition of Asian-American IPA (CAIPA) is the largest Independent Practice Association (IPA) in the Asian American communities in New York City and one of the most successful IPAs in the region. CAIPA is comprised of over 1,000 physician members and affiliates who care for more than 450,000 patients in the greater New York area.

SOURCE Physicians' Reciprocal Insurers