A wrap-up policy (also known as an Owner Controlled Insurance Policy "OCIP" or Contractor Controlled Insurance Policy "CCIP") is a single insurance policy naming all construction participants for coverage on all general liability and/or workers’ compensation risks on a given project. In addition to consolidating all insured's onto one policy, it typically provides occurrence coverage for a period of ten years from the date of completion of the project, thus eliminating the need to purchase ongoing policies for the duration of exposure to construction defect claims.
 
 

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Wrapid Specialty, Inc. (Wrapid) is an approved wrap-up administrator for all recognized insurance carriers. We allow you the freedom to do what you do best. Leave the rest of the insurance concerns to us.

All types of builders are turning to Wrap Up policies or CIPs (Controlled Insurance Program) to make sure that projects are properly protected. We help builders to take full advantage of Wrap Up policies without the headache of running an insurance program.

Click Here to learn more about OCIP and Wrap up insurance administration servicesclick here to download the ocip wrap up insurance administration service contract

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For Wrap Up OCIP administration and other questions and support, contact:
Wrapid Specialty, Inc.
707 Wilshire Blvd., Suite 2600
Los Angeles, CA 90017
Tel.   877-222-4777
Fax   877-557-2211