
Traditional versus Project Insurance - IRMI
Oct 11, 2019 · OCIP versus CCIP—an Owner's Perspective Many midsized and large contractors have established CCIP programs, and it is common for them to propose utilizing their CCIP …
Best Practices for Participating in a Wrap-Up - IRMI
Mar 19, 2021 · Construction managers, general contractors, and subcontractors are routinely required to being insured under an owner-controlled insurance program (OCIP) or a contractor …
Contemplating a Controlled Insurance Program—Part Two - IRMI
Mar 31, 2017 · For example, if the owners are considering an OCIP, their internal team is minimal, and they are primarily concerned about liability coverage and limits, a GL only OCIP, GL only …
Have You Thought about a Contractor Controlled Insurance …
Jan 1, 2005 · Which is preferable, a contractor controlled insurance program or an owner controlled program? Richard Resnick provides some objective reasoning toward CCIPs.
"Excluded Parties" in Wrap-Up Insurance Programs - IRMI
Apr 24, 2020 · Ever wonder why certain parties are excluded from wrap-up programs? Or, if you're a contractor, why you are enrolled in certain controlled insurance programs (CIPs) but …
Wrap-Ups and Their Inevitable Termination
Apr 1, 2011 · At times, we encourage wrap-up sponsors to hold off owner-controlled insurance program (OCIP) terminations as long as possible to avoid the contractor policy wrap …
Residential Wrap-Up Insurance Programs - IRMI
Apr 21, 2022 · Summary Given the prevalence of residential construction exclusions on contractor liability insurance policies, the most commonly used risk management tool for residential …
OCP Liability versus Additional Insured Coverage - IRMI
Oct 1, 2009 · Often confused with OCIP (owner controlled insurance program or "wrap-up" program), the OCP policy has been with us quite a while. But like its brethren the M&C and …
Equitable Risk Sharing by Wrap-Up Insurance Program …
Sep 29, 2023 · One of the common issues that a wrap-up sponsor and participating contractors confront on a wrap-up program is how much of the owner-controlled insurance …
The Hazards of Products and Completed Operations: …
Mar 6, 2019 · The OCIP usually includes extended completed operations, 6 providing only completed operations coverage for an additional period beyond the policy expiration date …