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A Contractors Guide to CCIP Insurance - Construction Business Owner . . . A Contractor Controlled Insurance Program (CCIP) can deliver the same benefits as an Owner Controlled Insurance Program (OCIP) for a general contractor able to manage additional risks from subcontracted operations CCIPs can also potentially increase a firm’s competitiveness and profitability, but they do come with risks How Contractor Controlled Insurance Programs (CCIP) Work A CCIP may be
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 participated in an Owner Controlled Insurance Program (OCIP) Due to a variety of approaches adopted by
Environmental Liability Insurance: Securing the Best Option The other involves carrying some type of environmental insurance, predominantly Contractors Pollution Liability (CPL) insurance, either as part of a Contractor or Owner Controlled Insurance Program (CCIP OCIP) or straightforward project CPL insurance
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
The Power of Wrap-Up Insurance 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
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