Owner Controlled Insurance Program (OCIP)

An Owner Controlled Insurance Program (OCIP), also known as a 'wrap-up,' is an insurance program where the project owner purchases a single insurance policy that covers the owner, general contractor, and all enrolled subcontractors on a specific construction project. OCIPs are common on large projects ($50M+) because they can reduce duplication, streamline claims, and lower overall cost. When a project has an OCIP, subs typically exclude the project from their own policy via a 'wrap-up exclusion.' GCs still need to verify each sub's off-site coverage and auto/umbrella policies separately.