Question 1

What is an OCIP (Owner Controlled Insurance Program)?

Accepted Answer

An OCIP is a comprehensive insurance program where the project owner purchases one insurance policy covering the general contractor, all subcontractors, and the project itself. Instead of each contractor carrying separate insurance, the owner's OCIP provides general liability, workers compensation, and builder's risk for everyone on the project. This is common on large construction projects ($50 million+) and can reduce total insurance costs by 2-5%.

Question 2

What's the difference between OCIP and CCIP?

Accepted Answer

OCIP (Owner Controlled Insurance Program) is purchased by the project owner. CCIP (Contractor Controlled Insurance Program) is purchased by the general contractor. Both provide unified coverage for all contractors on a project. OCIPs are more common on public projects and very large private developments. CCIPs are used when the general contractor wants control over insurance and claims. The structure and benefits are similar—consolidated coverage and cost savings.

Question 3

Do subcontractors still need their own insurance on a wrap-up project?

Accepted Answer

Subcontractors still need insurance for work outside the wrap-up project, auto liability (unless the wrap-up includes it), and any coverages excluded from the wrap-up (professional liability, pollution, etc.). They should also maintain their own workers compensation for employees working off the wrap-up project. The wrap-up only covers work performed on that specific project. Subcontractors must provide proof of coverage for excluded exposures.

Question 4

How do wrap-up programs save money?

Accepted Answer

Wrap-ups eliminate duplicate coverage—instead of 50 contractors each carrying $2 million in liability, one policy covers everyone. Bulk purchasing reduces premiums. Centralized safety programs and claims management reduce losses. Competitive bidding is more accurate because contractors don't include insurance costs. Studies show wrap-ups reduce total insurance costs by 2-5% on large projects. However, administration costs and enrollment requirements can offset savings on smaller projects under $50 million.

Question 5

What are the disadvantages of wrap-up insurance programs?

Accepted Answer

Wrap-ups require significant administration—enrolling contractors, tracking payroll, managing certificates, and claims reporting. Small contractors may struggle with enrollment requirements and payroll reporting. The project owner or general contractor assumes more risk and responsibility. If the wrap-up insurer becomes insolvent or disputes coverage, the entire project is affected. Wrap-ups work best on large, long-duration projects where cost savings justify administrative complexity.

Precise Coverage for Your Largest Developments.

What is Wrap-Up / OCIP Insurance?

Project-Wide Coverage

General Liability & Workers Comp

Cost Control

Key Benefits of OCIP Programs

Centralized Risk Management

Reduced Insurance Costs

Consistent Coverage Standards

Streamlined Claims Process

Common OCIP Claims & Coverage Scenarios

Worker Injury on Multi-Contractor Site

Third-Party Property Damage

Completed Operations Defect

Multi-Party Liability Dispute

Environmental Contamination

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Why Choose Atesa for Your OCIP Program?

Expert Guidance

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Key Wrap-Up / OCIP Coverage Features

Unified Liability Coverage

Consolidated Workers Comp

Builder's Risk Protection

Cost Savings

Streamlined Claims

Consistent Coverage

Insurance Guidance Tailored to You

Captive Agents

Online or Direct

Project Types Covered

High-Rise Construction

Infrastructure Projects

Commercial Development

Mixed-Use Developments

Multi-Story Buildings

Bridge & Highway Construction

Wrap-Up / OCIP Insurance FAQs