Chairman's Message
Welcome to the Academic Group, a member-owned and managed professional liability insurer governed by medical school physicians for the benefit of medical school physicians.
As medical professionals, you know that liability insurance remains one of the biggest issues confronting us as clinical educators. No one has been hurt more than the faculty physicians and dentists, the teachers that train future generations of clinicians to serve our communities.
Academic was licensed in 1990 in response to this crisis. Since that time, we have had what we like to think of as a salutary effect on the business, providing access to state-of-art continuing education programs in risk management, creating and staffing a 24-hour-a-day legal hotline and, when necessary, guaranteeing access to excellent defense of claims. Thanks to the efforts of our members and our highly skilled staff of insurance professionals, the results have been outstanding.
We believe we bring a unique understanding of the demands placed on medical professionals working in an academic environment. That, in turn, translates into better designed products, a superior loss history, and, ultimately, the ability to control costs for our members.
Academic began life in New York State, one of the most challenging environments in the country from both a regulatory and an operational point of view. Based on our success there, we have created a new Risk Retention Group based in Vermont to offer our products and services to medical school faculty throughout the country.
I would like to encourage you to explore our Website, talk to your colleagues, and then contact us if you are interested in finding out more about how the Academic Group can help you meet your professional liability insurance needs.
Speaking on behalf of our members, and our Board of Governors made up entirely of teaching doctors, we are proud of the success we have achieved during a difficult time and in a challenging environment.
We look forward to the opportunity to serve you.
Sincerely,
James E. Cottrell, MD
Chairman of the Board