Is Enrolling in a Wrap-Up Optional?

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You’ve been awarded a contract on a project that is being covered by Controlled Insurance Program (CIP), or more commonly known as a Wrap-Up. The Owner or General Contractor are requiring you to enroll into the Wrap program. You have your own corporate insurance. Do you need to enroll in the program?

The short answer is yes. While there is a limited list of trades that are usually excluded from a Wrap program, most trades are required to participate, making enrollment a requirement. You can always refer to the project’s Wrap manual for the excluded trades on that project. These excluded trades are typically: 

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Topics: Wrap-Ups, Wrap-Up Administration

Importance of Rate Pages when you enroll in a Wrap-Up


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When your company starts working on a Wrap-Up, it’s helpful to gather all the required documentation you need ahead of time. This will help make your enrollment into the program much smoother. The quicker you are enrolled into the program, the sooner you can begin your onsite work.

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Topics: CCIP, OCIP, Wrap-Up Administration

New York Payroll Limitation Program: The Differences


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In 1999, former New York Governor George Pataki enacted the Construction Employment Payroll Limitation Law. This law provides a more equitable way to calculate Workers’ Compensation premium in the New York (NY) construction industry and helps to equalize the differences between high and low wage paying employers.

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Topics: Wrap-Up Administration

A Broker Partnership - For the Win!

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If you are an insurance broker, it might seem counter-intuitive to reach out to another brokerage for help with an existing client. However, it is more common than you think. In fact, it can be lucrative for your brokerage.

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Topics: Wrap-Up Administration, Partnership

Wrap Administration Duties


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So, you’ve decided on a Wrap-Up for your next project. You know your broker can secure the policies needed for a Wrap-Up. But that’s just part of the Wrap-Up picture. Are you sure your broker can properly manage the Wrap Administration duties?

Often Owners, General Contractors (GC), and Trade Contractors think Wrap Administration occurs only during actual on-site construction. That’s just not true. 

For a Wrap-Up to be successful administratively, it requires a seamless and supportive approach all the way through from pre-construction, construction, closeout, and post-construction. As such, make sure your broker can provide a dedicated Wrap Administration Service Team ready to help throughout the entire construction project.

What duties should the Wrap Administration Service Team be prepared to do?

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Topics: Wrap-Up Administration

Wrap Administration Reporting


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As the Sponsor (Owner, or General Contractor) for a Wrap-Up program, you should be aware of the types of reporting your Wrap Administrator should be providing. In addition to a daily report with your project’s contractors, other types of reporting are a big part of your Administrator’s duties. It starts with monthly, quarterly, and annual stewardship reports based on the needs of the Sponsor.  Critical information in these stewardship reports includes: timelines, open items and responsibilities, loss experience and claim reserves, if available, Wrap-Up Enrollment schedules, any existing or anticipated problems/challenges, and accomplishments.

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Topics: Wrap-Up Administration

Is your Wrap Administration Team CRIS® certified?

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As the owner of a large construction project – whether it is a new mixed-use retail space, new hospital or new college library, there are many decisions to make to help the project run smoothly.  You have decided to utilize a Wrap-Up, or Controlled Insurance Program (CIP), for your insurance which is a great start.

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Topics: Wrap-Up Administration

Information Required to Enroll in a Wrap-Up Program

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Contractor’s working on a Controlled Insurance Program (CIP or Wrap-Up) jobsite, are often required to enroll in the Wrap-Up program. When a contractor submits enrollment information, essentially, they are applying to the program’s insurance carrier for a policy. The program’s carrier analyzes the contractor’s information and the history of any claims. Then the carrier approves or rejects the enrollment based on the level of risk they are willing to incur by insuring the contractor. If the contractor is approved, the carrier will issue the company an insurance policy.

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Topics: Wrap-Up Administration

The Wrap-Up Closeout Report

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Having an effective closeout strategy is critical to successfully completing your Wrap-Up program. The overall process of a program closeout starts as soon as early trades complete their work on the project.

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Topics: Wrap-Ups, Wrap-Up Administration