Training
Provided by Lorman Education Services
BenefitsOwner-controlled insurance programs and contractor-controlled insurance programs, sometimes referred to as wrap-ups, are becoming more popular, as they can result in significant savings if properly structured and managed. While historically available only on the largest of projects, more recently these programs have been used on projects as small as $25 million in construction costs. Another variant known as the rolling wrap-up is becoming more popular for businesses that build multiple projects or maintain a number of large facilities. In order to realize the significant price advantages afforded by these programs, it is imperative to understand how they are structured and managed. This teleconference will provide guidance on identifying projects that could benefit from an
OCIP or
CCIP program and explore the major issues that need to be addressed and resolved in order to implement a successful program. If you are involved in planning or negotiating a construction project of any significance, you should attend this teleconference.
Learning
Objectives:
- You will be able to manage and construct a better OCIP.
- You will be able to identify and deal with common coverage gaps.
- You will be able to review safety plan incentives.
- You will be able to analyze appropriate bid credits.
Attorneys, project managers, presidents, vice presidents, owners, contractors, subcontractors, engineers, principals, contract managers, developers, architects, accountants, controllers, CFOs, insurance professionals and risk managers
| This is primarily teleseminar training |  | This class may be available at a classroom in Milwaukee, WI,
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 | Contact Lorman Education Services for more information |
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| Duration: | 1 days | | Training Presented in: | English |
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