Jun 26, 2012 · 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.

May 24, 2012 · Mike Hastings is a national project risk practice leader within Marsh’s U.S. Construction Practice. Over the past 17 years, he has taken a lead role in developing and implementing Marsh’s consultative approach to construction project risk management, including risk identification, financial modeling, loss control and mitigation, insurance program design, …

Sep 27, 2013 · Usually, the first-named insured is the sponsor of the wrap—the owner of an owner-controlled insurance program (OCIP) or the general contractor on a contractor-controlled insurance program (CCIP). In this way, a suit filed by the sponsor of the wrap against other participants can still trigger coverage, but the numbers of inter-participant ...

Jul 2, 2012 · 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 …

Nov 5, 2015 · These programs seem new, but they have actually been around for decades. 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.

May 31, 2012 · Work with your insurance provider to review the accuracy of this information. Be sure this data has been properly reported to the rating bureau and that it includes any Owner or Contractor Controlled Insurance Program (OCIP or CCIP) …

Apr 27, 2012 · Turner’s risk managers also built a synergy among all of Turner’s operations. Turner’s risk management department now has almost 30 full-time employees supporting a construction volume of nearly $10 billion, and they have the largest CCIP in the industry. A GC of any size can make this change.

Looking for more information about CCIP program? Click here to visit Construction Business Owner Magazine's collection of articles about CCIP program.

Dec 2, 2016 · All general session speakers and panelists focused on the importance of having culture of safety. According to IRMI President, CEO and Conference Cochairman Jack Gibson, other trending topics included onerous contract provisions, OCIP versus CCIP, managing drone risks and additional insured coverage.

Looking for more information about Mike Hastings? Click here to visit Construction Business Owner Magazine's collection of articles about Mike Hastings.