Cooperative controlled insurance program (CO-CIP)

{
  "id": "MLC-T-INS-000978",
  "term": "Cooperative controlled insurance program (CO-CIP)",
  "field": "Insurance and risk management",
  "definition": "A type of controlled insurance program where multiple owners or developers collaborate to provide a single insurance program for their shared construction projects. This arrangement covers all enrolled contractors and subcontractors under one policy. It is distinct from an owner-controlled insurance program (OCIP) or contractor-controlled insurance program (CCIP) in its multi-owner structure.",
  "abbreviation": "CO-CIP",
  "subject": "Workers Compensation",
  "url": "https://mlchart.com/terminology/insurance/cooperative-controlled-insurance-program-co-cip/"
}