MLchartDataset catalogue

Owner-controlled insurance program (OCIP)

Term · Insurance and risk management · MLC-T-INS-002467

A consolidated insurance program procured by a project owner to cover all contractors and subcontractors working on a specific construction project. This single policy provides general liability, workers' compensation, and excess liability coverage for all enrolled parties. It centralizes risk management and claims handling, offering consistent coverage limits across the project.

Table 1. Record
IdentifierMLC-T-INS-002467
FieldInsurance and risk management
AbbreviationOCIP
Record as JSON 
{
  "id": "MLC-T-INS-002467",
  "term": "Owner-controlled insurance program (OCIP)",
  "field": "Insurance and risk management",
  "definition": "A consolidated insurance program procured by a project owner to cover all contractors and subcontractors working on a specific construction project. This single policy provides general liability, workers' compensation, and excess liability coverage for all enrolled parties. It centralizes risk management and claims handling, offering consistent coverage limits across the project.",
  "abbreviation": "OCIP",
  "url": "https://mlchart.com/terminology/insurance/owner-controlled-insurance-program-ocip/"
}

Record 2,448 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.