Dear Trust Policyholders and Colleagues:
I am pleased to post this 2016 year-end review to keep our policyholders informed about our activities, insurance programs, and plans going forward. We hope you will take a moment to read this brief summary
Among the highlights:
- Since opening its professional liability and other insurance programs to all psychologists and psychologists-in-training in the U.S., The Trust has continued to achieve growth, stability, and a reputation as the go-to provider of insurance and risk management services – established by psychologists for psychologists.
- ACE American Insurance Company, the successful underwriter for the Trust Sponsored Professional Liability and Business Office Insurance Programs, acquired insurance giant Chubb and adopted the Chubb name. This created the world’s largest publicly traded property and casualty insurance company, laying an even stronger financial foundation for The Trust’s programs.
- The Trust continues to materially support psychologists and the organizations representing them. Ongoing supportive relationships include those with the American Psychological Association (APA) and American Psychological Association Practice Organization (APAPO), The National Council of Schools and Programs of Professional Psychology (NCSPP), The American Psychological Foundation, and more than 40 State Psychological Associations.
- Our educational programs continue to grow! We added a new live workshop and a number of new on-demand webinars through The Trust Practice and Risk Management Association (TrustPARMA), with much more practice and risk management training available soon.
As the behavioral healthcare professions continue to evolve, we use our expertise and experience to ensure that our insurance, asset protection, risk management, and educational programs are innovative and relevant to changing professional needs.
I have enjoyed seeing many of you at conferences and conventions, and I look forward to future interactions. Please be sure to introduce yourself to me, and let’s talk about any ideas you have about products and services we might consider at The Trust for you and your colleagues.
We truly appreciate your participation in our programs, and we hope that they provide you with protection, peace of mind, and support for you and your work as a professional psychologist.
Jana N. Martin, Ph.D.
Chief Executive Officer
The Trust and Trust Risk Management Services
The Trust remains a leading provider of insurance and risk management programs for psychologists, psychology students, and related individuals in the United States. Its insurance programs include The Trust Sponsored Professional Liability Program and Business Office Insurance; financial security programs offering Life, Disability, Office Overhead, and Auto and Home Insurance; and other programs offering Long Term Care Insurance and Retirement Plan Services. Its risk management programs include the Advocate 800 Consultation Service, Ethics and Risk Management Continuing Education Workshops and Webinars, and independent learning publications.
The Trust’s Board of Trustees is composed of psychologists with strong ethics, practice, and business backgrounds, along with insurance industry professionals with expertise in malpractice, property and casualty, personal, and other lines of insurance protection. The psychologists are attuned to the discipline and profession; the insurance experts help design coverage that is innovative and broad; and all Trustees and staff work to keep The Trust’s insurance plans financially strong and competitive.