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 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 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
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.
All new business applications are accepted through our on-line portal, BT-PAL (Builders Trust Participant & Agent Link).
Each new application is reviewed, underwritten, quoted and, if acceptable, bound by our new business underwriting department manager.
Once coverage is bound, we perform continual review, monitoring and risk assessment to ensure success.
Processing of new applications into the policy system
Name, ownership and entity changes for policies
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
We Are New Mexico's Leader In Construction Safety Training
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Defensive Driving Fall Protection
Respiratory Safety Excavation & Trenching Safety
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