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Consolidated Insurance Programs: Using ASA Tools to Address Costs and Hidden Risks0
- Risk Management
- March 7, 2019
March 2019 Edition by Richard B. Usher, Hill & Usher, LLC The debate over the perceived benefits of consolidated insurance programs (CIPs)—popularly referred to as “wrap-ups”—has evolved over the past several decades into one of the most contentious issues within today’s construction industry. Originally designed to reduce overall insurance costs on large, single-site projects involving
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Risk Transfer: 30 Questions for Consolidated Insurance Programs, aka Wrap-Ups0
- Risk Management
- March 7, 2019
March 2019 Edition by American Subcontractors Association and Richard B. Usher, Hill & Usher, LLC Will all subcontractors be “named insureds” for the CIP-provided coverages? What limits will be available to subcontractors, by line of coverage? What are the deductibles per line of coverage, and who is responsible for payment? Is there a reinstatement of
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