In this study, a magnesium phosphate whisker (DPM-H) was synthesized by the acid-base neutralization reaction between magnesium hydroxide and 10-hydroxy-9,10-dihydro-9-oxa-10-phosphaphenanthrene-10-oxide (DOPO-OH) at 120 C. A new synergistic intumescent flame retardant (IFR) for epoxy resin (EP), which was composed of DPM-H and ammonium polyphosphate (APP) was thoroughly studied. When the IFR loading was 8%, with the DPM-H to APP weight ratio at 1:7, the prepared flame-retardant EP (EPDA-2) passed the vertical burning tests (UL-94) V-0 rating and obtained the limiting oxygen index (LOI) value of 29.3%. Microscale combustion calorimetry (MCC) results showed that the total heat release (THR) of EPDA-2 reduced by 32.1% compared with pure EP. Meanwhile, the addition of DPM-H can partially solve the problem of the decrease of the EP mechanical property caused by the addition of APP. Compared with the flame-retardant EP with the 8% loading of APP, the impact strength of EPDA-2 increased 152.3%.