Wrap-ups, otherwise known as consolidated insurance programs (CIPs), provide coverage for all or most parties involved in a large-scale construction project. The use of wraps can potentially maximize various project goals, but they come with their own unique nuances. Read the instructive posting on AGC's Reports & Hot Topic Papers page - Working with OCIPs: Practical and Technical Strategies for Building an Effective Program, by Gregory D. Podolak of Saxe Doernberger & Vita P.C. (Jan. 2020) - which examines important coverage considerations in crafting an appropriate wrap-up, as well as issues that can limit or eliminate coverage. To see AGC's entire collection of hot topic (substantive research) papers on top business challenges facing today's construction firms, as presented by leading experts at recent AGC Surety Bonding and Construction Risk Management meetings, visit AGC's risk management website.
AGC Hot Topic Paper: Practical and Technical Strategies for Building an Effective Wrap-up Program
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