Covenant Risk Advisors, Inc.

Insurance Risk Advisory Services

Controlled Insurance Program Services (OCIP / CCIP)


Construction projects involve a host of tough decisions, not the least of which is the choice of an appropriate insurance program. The traditional method for insuring construction projects consists of each general contractor and sub- contractor securing their own insurance policies, however depending on the project circumstances, an owner or managing contractor controlled insurance program (OCIP / CCIP) may be a preferable alternative.


Controlled Insurance Programs (CIPs) are provided by the Owner or Managing Contractor for the duration of the construction or renovation project and consolidate all eligible contractors and sub-contractors in a single “wrap-up” insurance program. In many cases, the buying power of a combined insurance program allows for negotiation of superior coverage and cost savings. CIPs can include coverage for Workers’ Compensation, General Liability/Completed Operations, Excess/Umbrella Liability, Builder’s Risk, Professional Liability, Environmental Liability, Contractor Default, and other “Off-site” exposures specifically identified.


Although potentially beneficial, CIPs are not appropriate for all projects as they require additional oversight and administration that can be too costly or work intensive for certain projects. It is important to engage an independent CIP expert with no financial interest in binding a “wrap-up” policy to objectively determine if a CIP is right for your project. We have considerable experience in construction risk management and can provide the expertise your organization needs to implement the most effective insurance program for your project.


Services include:

  • Evaluation of CIP feasibility
  • Creating insurance specifications
  • Analyzing competing proposals and providing recommendations
  • Development of contract language and requirements for contractors and CIP participants
  • Establishment of claims procedures
  • Coordination with lenders, attorneys, contractors, architects and engineers
  • CIP program audits
  • Overseeing CIP administration and close-out activities
  • Transition management from construction coverage to permanent policies