OCIP – Insurance Programs for Project Owners
Comprehensive Insurance Programs for Project Owners
An Owner Controlled Insurance Program (OCIP) consolidates insurance coverage for all contractors and subcontractors under a single policy, reducing costs and ensuring uniform coverage across the entire project. By centralizing risk management, project owners can standardize protection, simplify compliance, and maintain consistent quality of coverage from site preparation to final completion.
Key Coverage Areas
From on-site injuries to catastrophic losses, we consolidate contractor coverage into a single, comprehensive program.
General Liability
Broad protection for bodily injury and property damage claims arising from project operations, including accidents and third-party incidents.
Workers Compensation
Mandatory coverage for on-site work-related injuries and occupational illnesses, ensuring consistent benefits for all project workers.
Excess Liability
Additional limits of liability that layer over primary coverages, providing higher protection for large-scale project exposures and catastrophic losses.
Builder's Risk
All-risk coverage for physical loss or damage to the project itself, including materials, equipment, and installed work during construction.
Ready to protect your project investment?
Consolidate contractor coverage, reduce administrative costs, and speak with a specialized IGIB OCIP advisor today to safeguard your project investment.