Introduction to Owner Controlled Insurance Program Business Terms

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Owner Controlled Insurance Program Business Terms Comprehensive Overview

An OCIP is an In a traditional One of the most misunderstood or overlooked

Construction Wrap-Up policies allow a single sponsor to consolidate the purchase of certain

Summary & Highlights for Owner Controlled Insurance Program Business Terms

  • All projects that have a construction cost of $10 million or more are required to enroll in the
  • Tracking COIs and compliance documents can be tricky and if you are running an OCIP or CCIP you still need to track
  • Find out about a
  • There are two types:
  • There are two main types of Wrap-Ups: CCIP -

In summary, understanding Owner Controlled Insurance Program Business Terms gives us a better perspective.

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