Contractor Controlled Insurance Program (CCIP)
“Over a decade of innovation for Wrap-Up design has set the industry standard.”
Ryan Nobriga, Vice President, CFO
Hawaiian Dredging Construction Company
The insurance program covers construction of a 46 story residential tower on the island of Oahu in Hawaii with 635 units and a stand-alone 11 story parking garage. The project volume is $115M with a 36-month schedule.
Project Scope –
- Market and placement of General Liability and Excess Liability insurance
- Contractual risk transfer assessment
- Alignment of all contract documents with the insurance program
Rather than just put a plan in place, Trans Hudson first identified an approach that was strategic in nature in order to ensure that not just a product was put into place but the necessary service to ensure success and the best outcome for the client, as well. This, along with effective and consistent communication with both client and carrier, proved to be instrumental to a successful outcome. As such, Trans Hudson is now being asked to begin the process for the next residential tower to be built later this year.