owner-controlled insurance program (OCIP)

An owner-controlled insurance program (OCIP) is a centralized insurance program arranged and controlled by a project owner to cover eligible contractors and subcontractors working on a specific construction project or group of projects. Also known as a wrap-up insurance program, an OCIP typically provides coverage such as general liability, workers compensation, and excess liability, with other coverages sometimes included or purchased separately. The benefit of an OCIP is that, by placing project participants under a single program, an OCIP can help reduce coverage gaps, avoid duplicate insurance costs, coordinate claims handling, and give the owner greater control over insurance terms, limits, safety requirements, and claim administration. Contractors generally remain responsible for insurance that is not included in the OCIP, such as off-site work, excluded operations, or required deductibles and retentions.