Southern Colorado Insurance Center Blog

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WRAP Insurance Program

Introduction

 

Today's restrictive General Liability Insurance climate requires creativity when working with new construction developments. Southern CO Insurance has the knowledge and experience to quote a WRAP for any construction project and would love to assist Independent Agents with their construction Developers/GCs.

 

 

Program Highlights

 

  • 12 to 48 month policy terms - options for the policy to respond to project "phases"
  • Ability to write the WRAP as an OCIP or CCIP
  • Integrated risk management partners for third party administration and QA/QC services
  • Low minimum premiums
  • Multi-family projects are highly desired - most subcontractors have multi-family exclusions
  • Our carriers are nationally recognized as industry leaders
  • Pollution WRAP policies, Builder's Risk, and Excess Liability also available
  • Residential and commercial projects are accepted including Condominiums, Townhomes, "Tract" Homes, Single Family Custom Homes, Apartments, Commercial Retail/Office, Storage Facilities, Infrastructure, and Energy Projects
  • Rolling WRAP programs available
  • Various deductible/SIR options available

 

 

 

 

Why Choose a WRAP

 

  • Assured coverage for all subcontractors
  • Common goals shared by all subcontractors - cooperative risk management, safety, and quality work
  • Completed Operations extended to statute of repose
  • No fault allegations to be determined in the event of a loss
  • One defense representation in the event of a loss
  • Subcontractor premium recovery - Owner/Contractor doesn't need to cover the total premium cost
  • Third-Party Administrator services ease troublesome subcontractor contract coordination

 



 

 

Contact Us

 

          
  • Debbie Klisch  719-329-4441  Debbie [at] scicteam [dot] com

 

Stay Connected

Like us on Facebook  Follow us on Twitter   View our profile on LinkedIn   

 

Click here for an application

Introduction

 

Today's restrictive General Liability Insurance climate requires creativity when working with new construction developments. WestPac has the knowledge and experience to quote a WRAP for any construction project and would love to assist Independent Agents with their construction Developers/GCs.

 

 

Program Highlights

 

  • 12 to 48 month policy terms - options for the policy to respond to project "phases"
  • Ability to write the WRAP as an OCIP or CCIP
  • Integrated risk management partners for third party administration and QA/QC services
  • Low minimum premiums
  • Multi-family projects are highly desired - most subcontractors have multi-family exclusions
  • Our carriers are nationally recognized as industry leaders
  • Pollution WRAP policies, Builder's Risk, and Excess Liability also available
  • Residential and commercial projects are accepted including Condominiums, Townhomes, "Tract" Homes, Single Family Custom Homes, Apartments, Commercial Retail/Office, Storage Facilities, Infrastructure, and Energy Projects
  • Rolling WRAP programs available
  • Various deductible/SIR options available

 

 

 

 

Why Choose a WRAP

 

  • Assured coverage for all subcontractors
  • Common goals shared by all subcontractors - cooperative risk management, safety, and quality work
  • Completed Operations extended to statute of repose
  • No fault allegations to be determined in the event of a loss
  • One defense representation in the event of a loss
  • Subcontractor premium recovery - Owner/Contractor doesn't need to cover the total premium cost
  • Third-Party Administrator services ease troublesome subcontractor contract coordination

 



 

 

Contact Us

 

  • Eric Richter, VP, Marketing - eric [at] westpacins [dot] com
  • Alexandra Vacante, Marketing - alexandra [at] westpacins [dot] com
  • Steve Brown, Marketing - steve [dot] brown [at] westpacins [dot] com
  • Libby Shears, Construction Broker - libby [at] westpacins [dot] com
  • Jared Boring, Construction Broker - jared [at] westpacins [dot] com
  • Carlie Genova, Construction Broker - carlie [at] westpacins [dot] com
  • Tony Mancuso, WC/Construction Broker - tony [at] westpacins [dot] com
  • WestPac - 303.904.3777

 

Stay Connected

Like us on Facebook  Follow us on Twitter   View our profile on LinkedIn   

 

Click here for an application