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 UNDERWRITING MANAGER, HEATHER KAUPA.
THE SECOND FUNCTION OF THE UNDERWRITING DEPARTMENT IS ONGOING RISK ASSESSMENT ONCE THE POLICY HAS BEEN WRITTEN. THIS IS HANDLED IN-HOUSE AND IS MANAGED BY TRACEY STOWE.
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.
In House Underwriting
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.
The in-house Underwriting Dept handles the following:
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
Who is New Mexico’s Construction Leader In Safety Training?
10 Hour OSHA
30 Hour OSHA
Defensive Driving Fall Protection
Respiratory Safety Excavation & Trenching Safety
Slips, Trips & Falls