The Wrap-Up Guide

Implementing a wrap-up or owner controlled insurance program (CIP) for construction projects is an increasingly common approach for improving project safety, reducing the cost of risk, and assuring all contractors are covered under a broad liability insurance program. Fourteen construction risk and insurance professionals contributed to this edition, providing a balanced treatment of the perspectives of both wrap-up sponsors and contractor participants. It discusses the essentials of a feasibility study, coverage approaches, contract provisions, CIP documentation, and administration.