Award in Innovation | 2024 Winners

Congratulations to our 2024 winners!

• OVERALL WINNER: Builders Mutual
• BEST IN CATEGORY – MUTUALITY AND ADAPTABILITY: WCF Insurance

2024 OVERALL WINNER – Builders Mutual

The National Association of Mutual Insurance Companies presented its annual Award in Innovation, sponsored by Guy Carpenter, to Builders Mutual, headquartered in Raleigh, North Carolina. In the company's 40-year history, not a single year has gone by without at least one job-related death or permanent injury claim. With the creation of the Job-Site Safety Institute, Builder's Mutual has taken successful steps forward in its mission to eliminate construction injuries and deaths.

"At Builders Mutual, we work each and every day to protect and advance the unique needs of the contractor community," said Mike Gerber, CEO of Builders Mutual. "For 10 years, the Job-Site Safety Institute has funded significant research and educational tools and resources that will play a critical role in the reduction of jobsite injuries and fatalities. We are honored to receive this award from NAMIC and will continue to push for innovation in the industry to improve safety for anyone who steps foot on a jobsite."

In presenting the overall award to Builders Mutual during NAMIC's 2024 Management Conference, Neil Alldredge, NAMIC president and CEO, said, "Builders Mutual's efforts to educate and train construction workers and employers show the company is deeply committed to what all NAMIC members value - improving the safety of policyholders.

"The Job-Site Safety Institute is the hallmark of innovation at Builders Mutual and demonstrates the difference it can make when insurers embrace and implement innovative processes, technologies, and critical thinking," Alldredge continued. "Through its online education and research programs, the company reaches tens of thousands of construction workers every year to promote jobsite safety. I'm grateful for Builders Mutual's continued ingenuity and commitment to education."

BEST IN CATEGORY – MUTUALITY AND ADAPTABILITY: WCF INSURANCE

WCF Insurance ran a holiday safety initiative in partnership with local businesses in Utah, providing rideshare vouchers to promote safe travel. This effort is part of WCF’s broader commitment to the communities where they live and work. The campaign was met with broad appeal from news outlets and customers alike who used the program over 450 times during the holiday season.