The Master Rolling Owner Controlled Insurance Program (MR OCIP) enables you to purchase workers' compensation and general liability coverage for all eligible parties—owner, general contractor, and sub-contractors—working on construction projects.
These policies, known as “wrap-ups,” are widely used on public sector construction projects and capital improvement programs. They offer your entity cost savings, better coverage, more control, and higher limits of insurance than a traditional approach to construction insurance. Additionally, they can be beneficial to disadvantaged business entities in meeting your jobs insurance requirements.
The MR OCIP program can include projects as small as $10 million, thereby enabling members to receive the benefits of a “wrap-up” on projects that otherwise wouldn’t qualify because of their size.
Workers Compensation, and General Liability.