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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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To educate and equip subcontractors and suppliers with the knowledge and resources they need to thrive in the construction industry. Additionally, FASA raises awareness about issues critical to and about construction in the United States.
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