In November of 1995, 12 plumbers and a general contractor were so fed up with Nevada's monopolistic worker's compensation bureaucracy that they broke away from SIIS (now EICON) to form Nevada Contractors Network Self-Insured Group.

It was not without risk, and pretty amazing, since each member pledged to pay each other's losses in the event there wasn't enough money in the claims fund. That knew from day one that loss control and claims handling were going to make or break the group. Possibly, it would make or break their businesses.

With this daunting prospect in mind, the real possibility they might have to dip into their own pockets if their group failed, they assembled a team to make sure it was successful.

Aggressive claims handling and hands-on loss control paid off, and the group grew larger. From 12 members in 1995, the NCN boasted more than 400 in 2000, by far the largest and most successful group of its' kind in Nevada. It was time to take the next step.

In March of 2000, Nevada Contractors Network Self-Insured Group became Nevada Contractors Insurance Company, Inc, the first "captive insurer" in Nevada, and Builders Insurance Company, Inc., a domestic Nevada insurance company.

Quickly Builders Insurance Company became a major carrier for workers' comp in the state of Nevada.

A pretty amazing story, but it doesn't end there. As an insured of Builders Insurance Company, you are part of an unfolding story that is continuing to make history. "Only One Can Be The Best!"