Welcome to Builders Trust

In-House Underwriting

Overview

YOUR UNDERWRITING DEPARTMENT HAS TWO MAJOR FUNCTIONS: THE FIRST IS THE UNDERWRITING AND PRICING OF ALL NEW APPLICATIONS. APPLICATIONS ARE ACCEPTED THROUGH OUR ONLINE PORTAL BT-PAL. APPLICATIONS ARE REVIEWED AND UNDERWRITTEN AND BOUND BY OUR NEW BUSINESS UNDERWRITING MANAGER.

THE SECOND FUNCTION OF THE UNDERWRITING DEPARTMENT IS ONGOING RISK ASSESSMENT ONCE THE POLICY HAS BEEN WRITTEN. THIS IS HANDLED IN-HOUSE BY OUR RENEWAL UNDERWRITING MANAGER.

New Business Underwriting Manager

Heather Kaupa

Heather has worked in the insurance industry for several years prior to joining Builders Trust in 2017 as the New Business Underwriting Manager. She works very closely with our agents and the other departments within Builders Trust in underwriting new applications. She believes in the personal touch that we provide to our agents and participants.

Renewal Underwriting Manager

TRACEY STOWE

Tracey has been with Builders Trust since 1993 and worked in nearly all departments prior to helping to create the in-house underwriting department and settling in there. One of the longest tenured employees at Builders Trust she believes that Builders Trust is the best work comp value for New Mexico contractors and helps to maintain a high level of excellence within the fund.

What you should know

To report a change in ownership or the name of your company you must complete an ERM-14 form. Please keep in mind that those changes cannot be applied to your policy until we have received the completed and signed form back in the Builders Trust office. You can find the form here.

NCCI does not create experience modifiers for everyone. In New Mexico you must have average premium of $4,500 per rated year (each year that appears on your modifier) in order to qualify. Find out more in the ABC's of Experience Rating

You must re-apply for the Contractors Premium Adjustment Program annually and submit to the NCCI, Inc. by June 30th of each year. The form and instructions can be found here.

Underwriting

The in-house Underwriting Dept handles the following:

 Processing of new applications into the policy system

 Name, ownership and entity changes for policies

 Annual renewals

 Data submission to NCCI for experience rating

 All cancellations, rescissions and reinstatements

 Handling agent of record changes and maintaining agent and agency information in the policy system, assisting agents with BT PAL

 Coordinating Field Safety visits