Both are wrap-ups. An OCIP is sponsored by the owner, and a CCIP is sponsored by the general contractor. The main difference is who controls and administers the program.
Related FAQs
Usually enrollment of parties and payroll reporting, along with managing deductibles or retentions. We can help you understand what to expect before you commit.
They are typically used on larger or more complex projects, where uniform limits and reduced cross-litigation tend to outweigh the enrollment and reporting work involved.
Often yes, for off-site work and exposures the wrap-up does not include. Off-site work is commonly excluded, so parties typically keep their own practice programs for anything outside the ...
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