Wrap or “wrap-up” insurance policies are designed to reduce costs and avoid headaches on major construction projects. Wrap insurance generally covers all construction related parties in a construction project under one umbrella policy. The wrap policy will ordinarily provide project specific general li...
The intent of a wrap-up insurance policy is to provide peace of mind that everyone involved in a project is insured properly. Wrap-up insurance is sweepingblanket coveragethat protects the owner, contractors, and subcontractors.1Wrap-up insurance is important because it avoids the need for every...
The article offers information on wrap-up insurance policy. Wrap-up insurance includes owner-controlled insurance program (OCIP) and contractor-controlled insurance program (CCIP). These policies are for insuring owners, general contractors, and subcontractors and are generally purchased by an owner or...
Learn about wrap-up insurance programs, why they are good for large construction projects, and the pros and cons of OCIPs vs. CCIPs.
It is easy to overlook the importance of the tool, given that it traditionally makes up roughly only 1% of system cost and 0.1% of system weight and has a level of sophistication amounting to one bit of control—full-open versus... Townsend, William T 被引量: 26发表: 2007年 Suspension...
The article discusses wrap-up insurance policies. It makes reference to opinions expressed at the 31st Construction Risk Conference by the International Risk Management Institute held in San Diego, California. It explores features of the policies such as coverage, policy limits and builders risk for ...
Wrap-Up Resources specializes in the development, implementation, and administration of OCIP, CCIP, and Wrap-Up insurance programs.
Wrap-Up Resources specializes in the development, implementation, and administration of OCIP, CCIP, and Wrap-Up insurance programs.
WrapPortal Wrap-up insurance software is an advanced, web-based solution for sponsors, brokers, administrators, and contractors to manage their OCIP and CCIP wrap-up programs. It is customizable, secure, and scalable, with easy-to-use interfaces.
Define wrap-up. wrap-up synonyms, wrap-up pronunciation, wrap-up translation, English dictionary definition of wrap-up. n. 1. A brief final summary, as of the news. 2. A concluding or final action: the wrap-up of a campaign. American Heritage® Diction