PRC, LLC
169 Rebecca Street
Hoschton, GA 30548
ph: 678-571-5162
alt: 678-571-8822
info
Project & Risk Control, LLC is a specialty group that provides services to brokers, contractors, owners, and lawyers in connection with construction risk, insurance and OCIP programs.
Why should Key Market Brokers look at OCIPs / Wrap-ups?
Consolidated insurance programs are unique to the construction industry. Basically, under a consolidated format, contractors’ traditional policies are replaced with dedicated and stand-alone policies designed to insure construction risks specific to a single project or a series of related projects.
Consolidated coverages include workers compensation, general liability, excess liability and others, such as, builder’s risk, environmental and professional liability. The industry refers to these plans as: ‘Wrap-ups’, Owner Controlled or Contractor Controlled Insurance Programs (OCIPs and CCIPs).
Recently, when it is not practical in include workers compensation, some consolidated plans have focused only on commercial general liability coverages (GL Only) .
The objectives in combining coverages are to:
PRC, LLC
169 Rebecca Street
Hoschton, GA 30548
ph: 678-571-5162
alt: 678-571-8822
info