Posted by AP Construction, AssuredPartners
A Wrap Up or a controlled/consolidated insurance program (CIP), or wrap up, is a centrally procured and managed insurance and risk control program implemented for a construction project or a series of projects. CIPs can be purchased by the owner, an Owner Controlled Insurance Program (OCIP), or the general contractor, a Contractor Controlled Insurance Program (CCIP).
Read AssuredPartners’ full article here: Controlled Insurance Programs: Is it the Right Choice for Your Construction Project?
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