Sometimes referred to as controlled insurance programs (CIPs), wrap-up programs are centralized insurance and loss control programs designed to protect the project owner, general contractor and subcontractors under a single insurance policy or set of policies for the construction project.

What is a Wrap-Up Insurance Policy?

8-minute read Insuring all of the risks associated with large-scale construction projects is a complicated business. The typical approach requires each party to procure and maintain separate coverage. …

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