Wrap-Up Insurance (OCIP/CCIP)

A consolidated insurance program that provides coverage for all contractors and subcontractors working on a single large project under one master policy. An Owner Controlled Insurance Program (OCIP) is purchased by the project owner, while a Contractor Controlled Insurance Program (CCIP) is purchased by the general contractor. On large tower build programs involving multiple subcontractors, wrap-ups can standardize coverage, eliminate gaps, and reduce overall premium through volume purchasing power.