Ocip and ccip software

Commercial general liability and umbrella coverage. Construction ocipccip insurance programs cle webinar. Our experienced team has successfully executed over 125 plans and is very knowledgeable in handling these plans, from enrollment to reporting. Yes, construction owners care about your ocip software. From humble beginnings in 2006 starting with one wrap client sponsoring one rolling program in the northeast, our practice has expanded to a national platform representing a wide variety of sponsors and types of programs. Ocip ccip administration management software platform. While the most successful programs inevitably result from a joint effort of all project participants, there are practical considerations that should govern the owners choice between an owner controlled insurance program ocip or contractor controlled insurance program ccip.

A ccip is an insurance program that protects the general contractor, its subcontractors and the project owner from third party general and workers compensation claims. Ocip or a contractor controlled insurance program ccip. Wrap portal nourtek solutions is a professional services firm whose mission is to provide creative technology solutions in the areas of insurance, risk management, and business process automation. Ccip is a consolidated insurance program which provides workers compensation, general liability and umbrellaexcess coverage for all eligible and enrolled subcontractors working on pwbs jobsites.

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. Ocipccip administration management softwareplatform. A ccip is a comprehensive insurance program insuring the project owner, general contractor, and all eligible and enrolled contractors at the job site. Through regularly scheduled, automated reports, construction risk partners continually communicates with the risk management and project teams regarding the life cycle of their projects.

A contractor controlled insurance program ccip is a specific insurance policy purchased by general contractors to coordinate general liability for construction projects. Alberico, aci senior vice president, alternative risk practice leader assurance. Like you, the hoffman team assembled for the ccip is dedicated to a safe work environment and we wish to join with you toward achieving that objective. The ocip program pools all construction project participants the member, its general contractor and subcontractors under the same insurance. Owner or large contractor will set up a rolling ocip or ccip to be available for use on similar projects, particularly for a series of similar projects which are not individually large enough to warrant a standalone cip. Insurers will offer favorable rates, terms, and conditions to partiesprojects when losses are. There is a gap between what the sponsor pays for insurance and what all the contractors and subcontractors would pay for traditional policies on their own. Parties to an ocip or ccip attempt to obtain coverage from a thirdparty liability or other insurance policy and not from the ocip or ccip policy in the first instance or as a supplement to the ocip policy to capture defense costs that perhaps might not be covered under the ocip. Refer questions concerning the ocip, its administration or coverages to the appropriate party identified in the project directory in section 2. Construction jobs come with a number of liability risks.

Have you thought about a contractor controlled insurance. Alliant construction services group is highly experienced in placing and administering contractor controlled wrapup programs. Learn more about ocip coverage, cost, policies, and more in our. An owner controlled insurance program ocip is an insurance policy held by a property owner during the construction or renovation of a property, which is typically designed to cover virtually all liability and loss arising from the construction project subject to the usual exclusions. There is a choice that the parties to a construction project have when it comes to the purchase of the wrapup programassuming the project is large enough and other particular criteria are met.

Ccips can also potentially increase a firms competitiveness and profitability, but they do come with risks. The information contained in this manual is a component part of each contract under which a contractor performs work at the project site, and does include elements of the insurance provisions also included in the general. Software our software is specifically designed around the needs of our clients and allows for flexible administration for all cip structures ccip, ocip, glonly, etc. Below well lay out other key differences and benefits of the two types of wraps. The cost for a ccip starts at 1% of the construction costs with policy durations extending past construction. The ccip administrator will be available to answer questions by email, phone, or in person. Send us a message or call us and we will give you a free quote. The ccip provides general liability and umbrella or excess liability coverage for onsite operations to protect all enrolled subcontractors against thirdparty injuries and liabilities arising out. An ocip, unlike traditional construction insurance coverage, provides eligible participants of a construction project with general liability coverage under one policy. Ccip professionals have a detailed understanding of the diverse technologies in the telecommunications arena including ip routing, ip multicast, cable, dsl, content networking, ip telephony, qos, mpls. Owner controlled insurance programs ocips or contractor controlled insurance programs ccips, commonly referred to as wraps, that have been. This course on various categories of wrap ups for the construction risk including. Apr 05, 2016 construction ocipccip insurance programs.

A maintenance ocip, also known as a gate ocip, can be set up to cover ongoing plant maintenance and renovations. In order for a ccip to be appropriate, the contractor must be able to assume significant risk. Contractor controlled insurance programs can be purchased for individual projects or on a rolling basis, where covered projects are aggregated over a specified period. A certificate of insurance evidencing ccip coverage will be available for viewing and printing from the website. Ocipccip management portal powered by nourtek solutions. Owner controlled insurance program ocip trusted choice.

The process known as ip belongs to software posercontent2014 or opera stable by unknown description. Wrapup insurance, also known as an ocip owner controlled insurance program or a ccip contractor controlled insurance program is a single insurance policy providing participants in a construction project insureds with coverage for general liability, and on occasion, firstparty property coverage and workers compensation risks. The benefits of ocips for property owners and developers. Construction project owners face an assortment of risks during construction on their property. Introduction what is an owner controlled insurance program ocip. The mutual benefits of ocips and ccips many benefits of a wrap policy are the same, regardless of if the policy is an ocip or ccip. The yale university yale or owner owner controlled insurance program ocip is designed and administered in accordance with laws of connecticut. Embroker helps you get wrapup insurance programs to provide general liability protection for not only the owners of construction projects but also the contractors and subcontractors that are involved in the project. We understand controlled insurance programs, contractor liability insurance, and general construction insurance policies. An owner controlled insurance program ocip is a coordinated insurance program providing certain insurance coverages as generally described in this manual for work at the project sites. Handling ocip construction claims how to best wrap up construction claims in the 21st century i. Ocip ccip on occasion, our customers participate in projects with ownercontrolled insurance plans or contractorcontrolled insurance plans ocip ccip. Contractor controlled insurance program ccip alliant.

Todays learning objectives ocip or ccip wrap up what a wrap up is and the differences with traditional approach what a contractor should look for when bidding wrap up paperwork what to look for, who should do it. It is important to make it clear that the ocip will provide primary coverage. Our ccip certification program is a cutting edge approach to insurance education delivered through live, interactive webinars taught by true experts. Our experienced construction personnel hold managing positions in the firm. Ocip and ccip policies and the duty to reimburse for. After all, our software is ultimately designed to provide better service to these firms. Wrapups are good for the project sponsor its owner in an ocip or the general contractor, if it is a ccip because it reduces the total insurance cost. Ocipccip administration management softwareplatform owner. Owner controlled insurance program ocip insurance manual.

As an advisor to the construction industry providing ocip software and ccip software, i always enjoy speaking to risk management executives at owner organizations and contractor sponsors. Under a ccip, a general contractor controls the insurance. Ccip manual subcontractors final pacific companies. Experienced contract administrator with a demonstrated history of working in the computer software and disaster recovery industries. The ccip differs from the normal approach wherein each construction participant is. Construction project controlled insurance program cip owners, developers, construction managers and general contractors face a host of.

May 29, 2019 a contractor controlled insurance program ccip is a specific insurance policy purchased by general contractors to coordinate general liability for construction projects. Potential coverage gaps and other coverage pitfalls finley t. Ccips owner controlled insurance programs ocips and contractor controlled insurance programs ccips also known as wrap ups typically provide general supervision liability insurance, workers compensation and excess liability coverage for the length of a construction project for all or a majority of the parties involved, including independent contractors, contractors, and. Have you thought about a contractor controlled insurance program. Owner controlled insurance programs ocips and contractor controlled insurance programs ccips also known as wrap ups typically provide general supervision liability insurance, workers compensation and excess liability coverage for the length of a construction project for all or a majority of the parties involved, including independent contractors, contractors, and subcontractors, rather than requiring each participant to be responsible for the procurement of their own insurance. Owner controlled insurance program ocip and contractor controlled insurance program ccip. We have now expanded on that exclusivity by offering this solution to more of the providers of this service. This unique type of insurance policy generally written to insure construction projects for certain risks and exposures, requires a highly detailed approach when facilitating program administration. Program ccip in a project without an ocip or ccip, all participants have their own insurance normally with the owner being made an additional insured on the general contractors policies and the owner, the general contractor, and all subcontractors being made additional insureds on their lowertier subcontractors policies. This is the first of a twopart series on controlled insurance programs. As a result, many owners have turned to incepting an ownercontrolled insurance program or relying on a contractorcontrolled insurance program to address the project risks.

Before a large construction or renovation project begins, the property or project owner can work with a general contractor to design an owner controlled insurance program ocip. Your participation in the ccip is a key component of this collective effort. Potential coverage gaps and other coverage pitfalls coordinating with other policies. An owner controlled insurance program ocip is a consolidated insurance and risk management program implemented for a single construction project. Schiffer, partner squire patton boggs us llp, new york. Wrap portal revolutionizing the way we manage wraps cips. Learn more about contractor controlled insurance programs. When to use ocips and ccips ondemand webinar lorman.

In a ccip, the general contractor sponsors and controls the. It protects the project owner and is designed to coordinate general liability coverage for all eligible parties working on a specific construction project. Ocips are wrapup policies that are sponsored by the owners of the construction project while ccips are. Sep 02, 2018 as an advisor to the construction industry providing ocip software and ccip software, i always enjoy speaking to risk management executives at owner organizations and contractor sponsors. This is the ninth in the series for the certified construction insurance professional certification.

This will cover a wide range of liability risks and losses that may occur in the course of completing the project. Tsib provides both ocip and ccip programs and administrative services, and has years of experience with construction projects and insurance. An owner controlled insurance program ocip or wrapup program is a coordinated insurance program for construction projects. Through regularly scheduled, automated reports, construction risk partners continually communicates with the risk management and project teams regarding the life cycle of their. The contractor does not want to run the risk that its own carriers may. If any ocip conflict exists between this manual and the ocip insurance policies, the ocip insurance policies will govern. Ocipccip turner surety and insurance brokerage, inc. Taking the mystery out of ocip and ccip insurance michael g. Ccip insurance costs less than if every contractor on the job purchases the same coverage individually. Consolidated insurance programs that are purchased by the contractor are known as contractor controlled insurance programs ccip.

For the past few years inform has licensed software to specific third parties and brokers that administer an ocip or ccip specifically for very large construction projects. An ocip is a single consolidated insurance program that provides coverage for the owner, the enrolled contractor and all enrolled. Due to a variety of approaches adopted by ocip sponsors. The ocip administrator is ajg risk services of florida, inc. A contractor controlled insurance program ccip is similar to an ocip except that the general contractor gc or construction manager sponsors the insurance. Ocip ccip construction administrator services that automates realtime reports, manage liability, emrs, claims. As a wrapup plan, the ocip replaces the traditional model under which the parties to a construction project would each obtain their own separate insurance coverage. How does the ocip relate to the contractors regular insurance program. Owner controlled insurance programs ocips and contractor controlled. Handling ocip construction claims how to best wrap up. Navigating issues with unenrolled subs, additional insured issues and more.

Also called wrapup insurance, ccips are controlled by contractors rather than project development owners. 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. Wrap portal the cip revolution is here the wrap portal is a complete rmis risk management information system for ocip ccip administration that allows administrators to focus on results instead of data entry and processing paperwork. Cips, or wrapups, can be purchased by the property owner, the contractors, or both. The information in this manual is intended to outline the. Owner controlled insurance program ocip insurance manual section 7 accident reporting and claims procedures 2227 a immediate reporting of accidentsclaims. We partner with the best agencies and brokers all over the country. All enrolled subcontractors will be able to view claims information, if applicable, for the project on the website. Construction risk partners is immensely proud of our wrapup practice.

With a ccip, the contractor purchases the policy and they are the first named insured on the policy. However, due to changes in the insurance market, contractors are increasingly challenged to secure insurance coverage to meet owner insurance requirements. The ccip cisco certified internetwork professional certification provides individuals with competencies in infrastructure or access solutions in a cisco endtoend environment. Ocipccip on occasion, our customers participate in projects with ownercontrolled insurance plans or contractorcontrolled insurance plans ocipccip. The visa waiver program vwp allows citizens of participating countries to travel to the united states without a visa for stays of 90 days or less, when they meet all requirements. Ccip certification program insurance community university. In an ocip, the property owner sponsors and controls the insurance program. Ocip stands for owner controlled insurance program. Ccips can also potentially increase a firms competitiveness and profitability, but. Contractor controlled insurance program ccip alliant construction services group is highly experienced in placing and administering contractor controlled wrapup programs. An ocip is an ownercontrolled insurance program, a type of insurance plan also known as a construction wrapup insurance program. An ocip, is a centrally procured managed insurance and risk control program implemented for a single construction project or a series of construction projects. The ownercontrolled insurance program ocip expertlaw. Construction projects can benefit from different types of controlled insurance programs.