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A Contractors Guide to CCIP Insurance - Construction Business Owner . . . A CCIP may be implemented to cover a single project, or it can cover all eligible projects enrolled into the program on a continuous or “rolling” basis Under CCIP insurance, the general contractor usually purchases general liability, excess liability and workers’ compensation insurance for his or her company and enrolled subcontractors
A Contractors Guide to Understanding OCIPs Gain a better understanding of Owner Controlled Insurance Programs Editor's Note: This is the first of a two-part series on controlled insurance programs The second article will focus on Contractor Controlled Insurance Programs (CCIPs) Most contractors operating in the United States have
The Power of Wrap-Up Insurance They are formally referred to as controlled or consolidated insurance programs (CIPs), and are differentiated by the sponsor A contractor-controlled insurance program is a CCIP, while an owner-controlled insurance program is an OCIP The difference is simply who sponsors the program, and, consequently, who assumes the most risk
Improve Your Construction Risk Management Strategy When this shift happens, it becomes much easier to implement advanced risk financing programs like CCIP and SDI A Risk management success story Turner Construction Company restructured their risk management team in the late 1990s and has had positive results In the 1990s, Turner was a $4 to $5 billion company with 3,000 employees
Becoming a Successful CCIP Candidate - Construction Business Owner Magazine Common traits of a good CCIP candidate include: - A highly-developed safety cultre that permeates throughout the company, including project managers, superintendents, tradesmen and subcontractors of ever tier - Experience in managing claims under a high-deductible program - A robust subonctractor prequalification process - Well-established subonctractor relationship in the areas they operate
36th IRMI CRC Secures the Future - Construction Business Owner Magazine The International Risk Management Institute Inc , now known throughout the industry as IRMI, was founded in 1978 with the main purpose of providing education, by way of seminar and print publication, to risk managers, insurance agents brokers, underwriters and other insurance professionals
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