Owner/Contractor Controlled Insurance Programs (often called "Wrap Ups") enable owners and contractors to purchase an all-encompassing insurance program to cover the design, construction, and property of a development project. A properly structured OCIP/CCIP provides comprehensive coverage, independence, and leverage for the buyer.

 

 

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• Owner/Contractor project specific coverage

• Control over loss prevention and claims handling decisions

• Bulk purchasing leverage

• Streamlined administration

• Locked project pricing

• End-of-project portfolio transfer opportunity