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  1. 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 …

  2. Insurance Requirement Exceptions - IRMI

    Aug 30, 2024 · What's unique to an OCIP (verses a contractor-controlled insurance program (CCIP) or traditional insurance) is that the owner purchases the coverage and selects the wrap …

  3. 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 …

  4. Navigating Wrap-Up Programs in Construction: Overcoming

    Jul 11, 2025 · Understanding Wrap-Up Insurance Unlike traditional insurance models, wrap-up insurance programs consolidate specific coverages into a single policy for all enrolled parties. …

  5. 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 …

  6. Wrap-Up Insurance Credit Methodologies - IRMI

    Sep 15, 2021 · Tim Walsh explains the variables critical for enrolled contractors to understand when they bid on a wrap-up project.

  7. 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 …

  8. 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 …

  9. 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 …

  10. "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 …