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Owner Controlled Insurance Program

Our Owner Controlled Insurance Program (OCIP) keeps your interests in a contruction project first and foremost. OCIP can eliminate potential gaps in construction coverage, puts you in control if a claim arises, and gives you power over the deductible.

Better coverage

  • Helps eliminate unknown gaps and exposures arising from inadequate insurance provided by contractors.
  • Our experienced representatives are on standby to support you.
  • Adaptable to changes in the project such as increased values, time period extensions, etc.
  • Allows efficient management of phased handovers
  • Streamlined interface between construction and handed-over works.

More control

  • Direct access to insurers for claims matters.
  • Known and fixed insurance cost at the outset  
  • Municipalities retain control of insurer selection – important for long term projects.
  • Streamlines administration – no need to check and re-check contractors’ insurances.
  • Not affected by contractor changes as a result of insolvency or contractor removal

Impact on your bottom line

  • You choose your deductible.
  • Eliminates contractor markup on insurance costs
  • Claims monies are paid directly to the municipality.
  • Avoids duplication of insurances and can save premium for the project.

Contact us to learn how being in charge can save you money.