R. Kevin Clinton,
President and Chief Executive Officer American Physicians Capital, Inc. and American Physician Assurance Corporation

Mr. Clinton was appointed president and chief executive officer of the Company effective January 1, 2004, and became a director of the Company in August 2004. Since June 2002, Mr. Clinton has served as president of American Physicians, the Company's largest subsidiary. Prior to this, he served as executive vice president and chief operating officer of the Company from October 2001 to June 2002. Prior to joining the Company in September 2001, Mr. Clinton was president, chief executive officer and a director of MEEMIC Holdings, Inc., a publicly traded property and casualty insurance holding company and a subsidiary of ProNational Insurance Company and Professionals Group, Inc., from 1997 until July 2001. Mr. Clinton was chief financial officer at ProNational Insurance Company from 1990 to 1997. Mr. Clinton is a Fellow of the Casualty Actuarial Society.

Frank H. Freund,
C.P.A.,
Executive Vice President, Treasurer and Chief Financial Officer

Mr. Freund has been executive vice president, treasurer and chief financial officer of the Company since July 2000. Mr. Freund joined the Company as chief financial officer of American Physicians in September 1997. Mr. Freund's previous employment includes working with the Michigan practice of Deloitte & Touche LLP from October 1994 to September 1997, serving as an audit senior manager in that firm's insurance and health care business assurance services group.

Annette E. Flood, J.D., R.N.,
Executive Vice President, APCapital and Chief Operating Officer, APCapital and American Physicians

Ms. Flood has been the chief operating officer of American Physicians since June 2002, and was appointed executive vice president and chief operating officer of APCapital in May 2005. She was appointed corporate secretary of the Company in August 2004. She joined the Company in October 2001 as vice president of American Physicians, overseeing the Company's medical professional liability operations. Prior to joining the Company, Ms. Flood served as senior vice president, corporate secretary and legal counsel of ProNational Insurance Company, a subsidiary of Professionals Group, Inc., from 1992 to 2000. Ms. Flood was the secretary of Professionals Group from 1996 to 2000. She served as secretary and a director of MEEMIC Holdings, Inc. from 1998 to July 2001. She also served as chief operating officer, secretary and director of MEEMIC Insurance Company, a subsidiary of MEEMIC Holdings, Inc., from 1998 to July 2001.

Nancy Axtell,
Vice President of Human Resources

Ms. Axtell was appointed vice president of human resources in January 2004. She joined the company in 1986, and has held several positions within the human resources department. Prior to joining the company, Ms. Axtell worked in human resources at a real estate development company. She is a graduate of Central Michigan University with both Bachelor's and Master's degrees in Organizational Administration. Ms. Axtell also maintains the Senior Professional Human Resources designation from the Society for Human Resource Management.

Kevin M. Dyke,
Vice President
and Chief Actuary

Mr. Dyke is responsible for rate development, reserving, and competitive analysis, as well as securing reinsurance and professional liability coverages. Prior to joining American Physicians in November 2002, he served as vice president and actuary with Meadowbrook Insurance Group. He began his career as a consultant with Coopers & Lybrand and has also served as an actuarial director with CNA HealthPro. Mr. Dyke is a Fellow of the Casualty Actuarial Society (CAS), a member of the American Academy of Actuaries, and holds a Bachelor of Science in Actuarial Mathematics from the University of Michigan.

Laura A. Kline,
Vice President of Marketing, American Physicians

Ms. Kline has been vice president of marketing of American Physicians since January 2002. Ms. Kline joined the Company in 1987, and has held various sales, marketing and management positions. Ms. Kline has also served as president of APConsulting, LLC, the alternative risk transfer subsidiary of the Company, since November 2001.

Ann Storberg,
Vice President of Investor Relations

Ms. Storberg joined American Physicians Capital, Inc. in November 2000 as director of investor relations and was promoted to vice president in January 2004. In early 2004, she also took on the responsibility of Board Relations. She was employed by Minneapolis-based TCF Financial Corporation from 1994 through November 2000. Ms. Storberg began her career at TCF as a senior financial analyst, transferred to their investor relations department in 1996, and was subsequently promoted to vice president of investor relations. She is an active Board member of the National Investor Relations Institute Virtual Chapter, a certified public accountant in Minnesota, and holds undergraduate degrees in accounting and business from the University of Minnesota.