American Mobile Insurance Exchange

American Mobile Insurance Exchange (AMIE) is a risk retention group that provides liability insurance to mobile healthcare practitioners throughout the United States. It was founded in 1984 and is headquartered in Cheyenne, Wyoming. AMIE specializes in coverage for physicians, nurses, therapists, and other healthcare professionals who provide care in non-traditional settings, such as patient homes, workplaces, and community settings. AMIE is owned by its insured members and is governed by a board of directors elected from its membership.

History of AMIE

AMIE was founded in response to the medical malpractice insurance crisis of the 1980s. At the time, many healthcare providers were unable to obtain liability insurance or faced steep price increases. As a result, they formed risk retention groups such as AMIE to provide liability coverage to their members. Risk retention groups are insurance companies owned by their policyholders, who share in the risks and rewards of the company.

AMIE has grown steadily since its founding and now has over 16,000 members in all 50 states. It has been rated “A” (Excellent) by A.M. Best Company, the leading insurance rating agency, for over 25 years. This rating reflects AMIE’s strong financial stability and claims-paying ability.

Types of Coverage Offered by AMIE

AMIE offers liability insurance coverage for a wide range of healthcare professionals, including:

• Physicians
• Nurses
• Therapists (physical, occupational, speech)
• Dentists
• Chiropractors
• Midwives
• And more

The coverage provided by AMIE includes claims arising from the following:

• Medical malpractice
• Negligence
• Bodily injury
• Property damage
• And more

AMIE also offers a variety of risk management programs and services to help its members prevent losses and manage risks.

FAQ

How does AMIE differ from traditional insurance companies?

AMIE is a risk retention group, which means it is owned by its members and provides coverage exclusively to its members. Traditional insurance companies, on the other hand, are owned by shareholders and provide coverage to anyone who purchases a policy.

Who is eligible to become a member of AMIE?

Any healthcare professional who provides care in non-traditional settings is eligible to become a member of AMIE. This includes physicians, nurses, therapists, dentists, chiropractors, and midwives, among others.

How does AMIE determine its premiums?

AMIE determines its premiums based on the risk profile of its members, as well as the overall claims experience of the group. Premiums are reviewed annually and may be adjusted based on these factors.

Does AMIE provide coverage outside of the United States?

No, AMIE provides coverage only within the United States.

What types of risk management programs does AMIE offer?

AMIE offers a variety of risk management programs and services, including:

• Online training courses
• Consultation with risk management professionals
• Claims analysis and reporting
• And more

Conclusion

American Mobile Insurance Exchange is a leading provider of liability insurance to mobile healthcare practitioners throughout the United States. It has a long history of financial stability and claims-paying ability, and offers a wide range of coverage options and risk management programs to its members. If you are a healthcare professional who provides care in non-traditional settings, AMIE may be an excellent choice for your liability insurance needs.