Why choose IOA for CCIPs and OCIPs?
Large-scale construction projects require robust insurance strategies to protect stakeholders, reduce costs, and simplify administration. Contractor-controlled insurance programs (CCIPs) and owner-controlled insurance programs (OCIPs) provide centralized solutions for managing insurance, claims, and safety across projects.
By consolidating insurance under a single program, CCIPs and OCIPs minimize gaps in coverage, enhance safety measures, and ensure consistent claims handling. IOA’s expertise in designing and managing wrap-ups ensures tailored solutions for any project size, from individual developments to multi-site operations.
IOA combines decades of construction insurance expertise with innovative tools and proven cost-saving strategies.
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Specialized expertise in wrap-ups
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IOA consultants are recognized leaders in the field, with over 150 successfully implemented CCIPs and OCIPs, including iconic projects like Walt Disney World expansions and Boston’s Big Dig. Our experience ensures that your program will meet the highest standards of efficiency and effectiveness.
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Proven cost-saving strategies
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Through expert audits and negotiations, IOA has delivered significant savings for clients. Highlights include uncovering $6.2 million in bid credit corrections and securing an additional $3.4 million from close-out audits, helping businesses maximize their returns.
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Advanced technology for streamlined management
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IOA’s web-based platform simplifies CCIP and OCIP administration with interactive tools for enrollment, safety tracking, and reporting. These solutions ensure seamless coordination across all project stakeholders, improving efficiency and compliance.
Features
Program administration
Ensure effective implementation and management with comprehensive administrative support:
- Pre-bid consultations to optimize program design
- Contract administration and bid credit counseling
- Web-based tools for real-time tracking and reporting
Audit and financial analysis
Gain transparency and uncover opportunities to improve project performance:
- Premium allocation reviews to ensure cost accuracy
- Enrollment, claims, and coverage audits to identify inefficiencies
- Close-out audits that maximize bid credit savings
Risk management and safety consulting
Enhance safety and reduce claims with IOA’s targeted risk management strategies:
- Detailed risk assessments tailored to project-specific exposures
- Loss-prevention consulting and safety plan development
- Financial analysis of retentions and potential loss scenarios
Claims and litigation support
Resolve disputes and manage claims effectively with IOA’s dedicated support:
- Claims oversight and cause-of-loss analysis
- Expert witness testimony and litigation preparation
- Insurance archaeology and trial assistance
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