We are a self-insured fund that covers our Participant’s statutory workers’ compensation requirements. Builders Trust of New Mexico serves construction industry related companies that are members of the New Mexico Home Builders Association. The original mission of the fund was to serve the home building industry. Today we have a diverse base of Participants that include residential & commercial contractors, suppliers and a host of industry related businesses. We provide the best services and value for your workers’ compensation needs. We are governed by a Board of Trustees who are owners of construction related companies just like the ones we serve. They represent various sectors of the industry and have their businesses throughout New Mexico.
We are not just another insurance carrier. We are a self-insured fund which allows us to focus on our Participants and their needs. One difference is our attitude toward risk. We have experienced Field Safety staff that will consult and perform safety training classes for our Participant/Owners to help reduce risk on the jobsite. After all, we all know that having accidents (a work comp claim, auto claim, etc...) may cause your premiums to go up. We work in partnership with you to enhance the level of your safety culture to help ensure your workers go home to their families every day. We have developed a unique program called Safety First. In the first two years of the program, accidents have been reduced by 40% for the Participants in the program. This is just one example of how we are proactive in assisting our Participants to reduce their work comp cost.
Our website has a lot of information and links available at your fingertips, ranging from our online service,BT-PAL (Builders Trust-Participant & Agent Link), to other benefits for you and your business. Check out all the different tabs. If you’re not with Builders Trust, give us a call to find out the many benefits of being in a self-insured workers compensation fund. Should you need any assistance or have comments, please don’t hesitate to contact our Service Center Department at 505-345-3477 or at 800-640-3369.
Thanks for visiting.
Randy L. Akin
Chief Operating Officer
Builders Trust of New Mexico
Builders Trust of New Mexico, as an affiliate of New Mexico Home Builders Association, has the mission of providing a long term stable solution to workers' compensation obligations and liabilities for members of the New Mexico Home Builders Association who qualify as Participants in the Builders Trust group self insurance fund. Our philosophy is to maximize value and to promote safety to our Participants and their employees. We strive to maintain a favorable workers compensation business climate through active governmental affairs participation.
Our Core Values
Focusing on our injured workers and facilitating their successful return to work
Committing substantial resources to the promotion of safer work practices
Maintaining our organization's financial stability over the long term
Helping to keep our Participant's businesses competitive by providing
cost effective workers compensation coverage
Maintaining a close and mutually beneficial relationship with New Mexico Home Builders Association and their local affiliated associations
Responding quickly to opportunities and challenges
Implementing innovative and visionary features
Providing useful value added services which are built into our workers compensation program
Maintaining our commitment to being a benefit to New Mexico's construction industry
Involving our Participants in their own workers compensation program
Being honest, loyal and trustworthy
Focus on you... The Participant!!
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