Flip the Cap Episode 18 | The Big Build: Inside Construction Wrap-Up Programs
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Flip the Cap Episode 18 | The Big Build: Inside Construction Wrap-Up Programs
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Welcome to Flip the Cap, the insurance industry's premier podcast! In this episode, Kathryn Smith sits down with Michael Yovino, Jencap's Wrap Up Construction Practice Leader, and Consolidated Risk Solutions' President, Josh Rogove. Their discussion covers when wrap-up programs are warranted, the risks of not using a qualified TPA, and how to perform a cost benefits analysis for these programs. Mike and Josh break down the nuances of OCIPs (Owner-Controlled Insurance Programs) and CCIPs (Contractor-Controlled Insurance Programs), how they mitigate risks, and why proper administration is crucial for cost certainty and claims handling. If you're looking for insights on navigating construction insurance, minimizing risk, and maximizing cost efficiencies, this episode is a must-listen.
🎧 Tune in now to our new season of Flip the Cap, the industry's premier podcast that delivers insurance insights with a twist!
Episode Highlights Include:
-What Wrap Up Construction Programs Cover
-A TPA's Primary Role With Wrap-Ups
-Benefits of a Wrap Up Program for Retail Agents
-Pitfalls of Jurisdictional Variations, Including Construction Defect States