Becoming a Successful CCIP Candidate

Common traits of a good CCIP candidate include: – A highly-developed safety cultre that permeates throughout the company, including project managers, superintendents, tradesmen and subcontractors of ever tier – Experience in managing claims under a high-deductible program – A robust subonctractor prequalification process – Well-established subonctractor relationship in the areas they operate – A significant percentage of their revenue from established customers to meet the CCIP minimum premium requirements Although some rolling CCIPs covering smaller projects (under$20 million) have been feasible, expected porjects with values between $30 million to $40 million or more are widely considered necessary for a successful outcome.

Author

OUR DIGITAL PARTNERS

RELATED ARTICLES