Wrap Up Insurance

Owner Controlled Insurance Program / Contractor Controlled Insurance Program

Controlled Insurance Programs (CIP), more commonly known as “Wrap-Ups” are an excellent way to control insurance and claims costs on large construction projects. Integrity Now Insurance Brokers provides our clients with full-service Wrap-Up administration programs they can count on.  Wrap-up insurance policies provide coverages that encompass Workers’ Compensation & General Liability for large construction projects and General Liability-only programs for smaller construction projects. Each of our programs is specifically designed to meet each of our client’s needs.

How do you decide if you should consider a wrap-up project that covers both workers’ compensation and General Liability insurance verses obtaining a general liability insurance policy only.  The answer starts with several questions that need to be answered.  What is the total hard cost of your project?  How important is safety to your company?  How important is safety to the general contractor.  Can you create and enforce a safety culture.  If your hard cost exceeds $225M to build a project then a commercial wrap-up project can be considered in California.  However, if your company is not safety minded then this may not be your best approach.

Integrity Now Insurance Brokers has broad experience in commercial and residential projects, from single-family dwellings to buildings worth upwards of $5 billion.  We are committed to seeing your construction project completed on time and with minimal disruption.  Our experienced OCIP administrators are responsible for their project from start to finish, so you will have a dedicated partner as your advocate. If you are interested in obtain insurance bid credits from your trade partners our OCIP Administrators are well-versed in the insurance Bid Credit process.  You will also have the opportunity to collect from each subcontractor a deductible transfer obligation from any responsible trade partner to help offset your cost in the event of a claim.  In additional we will help you in establishing First Aid stations and on site medical clinic if needed.

You will benefit from expertise and customized solutions, which will ultimately lower the overall cost of your unique program. In some cases, our financial analysis and feasibility study will indicate that a Wrap-Up is not the best option. Where a Wrap-Up is the best option, we implement a Web-based risk management system to automate record keeping essential to an efficient program.

Integrity Now Insurance Brokers team members have worked on well over 1,100 different wrap up projects over the last 10 years.  We have the experience you need to get the job done.

What kind of projects can we work on:

When you are looking for a OCIP Insurance Agent Los Angeles, CA Integrity Now Insurance Brokers is the best choice for your project(s).

Request for more information or give us a call today to start discussing what options are best for you.

Integrity Now Insurance Brokers, Inc. is a multi-line insurance agency, providing personalized insurance coverage for families and businesses, throughout California.

Integrity Now Insurance Brokers, Inc
6285 East Spring Street, Suite 457 Long Beach, CA 90808

License #0D42517
(562) 606-1030
[email protected]
www.churchpropertyinsurance.com