Controlled Insurance Programs (CIP)
SeaBright's customized controlled insurance programs (CIP), both owner- and contractor-controlled, are available nationwide for a broad range of wrap-up risks, including single projects, rolling wrap-up and joint venture projects. Coverage is available through several plans, including guaranteed cost, retrospective policies, and large deductibles. The programs offer contractors a number of workers' compensation insurance benefits, including:
- Fewer duplicate premiums between contactors and subcontractors
- Simplified administration of insurance coverage
- Coordinated safety and claims management