CSAC EIA Master Rolling OCIP:

CSAC EIA Master Rolling OCIP:
A New Way to Insure Your Projects
CSAC EIA
is the largest JPA in
the State of California.
Founded in 1979, CSAC EIA has 298 members
and provides coverage to approximately 1,800
public entities. Directly or indirectly, 94 % of the
counties and over 60 % of the cities in California
are covered through CSAC EIA.
To better meet the construction insurance needs of public entities, CSAC EIA has created an exclusive
Master Rolling Owner Controlled Insurance Program (MROCIP), that enables members to purchase
workers compensation and general liability coverage for all eligible parties (owner, general contractor
and sub-tier contractors) working on their construction projects. These policies (also known as
“wrap-ups”) are widely used on public sector construction projects and capital improvement
programs. They offer cost savings, better coverage, more control, and higher limits of insurance than
a traditional approach to construction insurance.
Exclusive
New Program
Now available for individual projects as small as $ 10 million!
for Public
Entities!
Key Benefits of an OCIP
Exclusive EIA MROCIP Features
• Risk Management control
• Lower cost than a traditional
approach to project insurance
• Elimination of redundant costs
and contractor mark-ups
• Consistent coverage with high
limits for all parties
• Coordinated claims and loss
control
• Minimized cross litigation/
subrogation
• Larger contractor pool
• Control of claims
• Enhances small business
enterprise initiatives
• A creative “pooled” approach that enables individual
projects as small as $10 million to benefit from an OCIP
or a more traditional “standalone” approach that allows
entities with individual or aggregated projects totaling
$100 million or more to benefit from CSAC EIA’s prenegotiated, below market rates. Please see option
details on the reverse.
• Savings of 15-30% over market rates
• Flexibility in premium financing and access to additional
loss control, claims oversight, and risk management
resources
• High limits of insurance – $25 to $200 million+
• 10 years of completed operations coverage
• Solves indemnity issues of SB 474 for general
contractors
• Streamlined, turnkey implementation process
• Minimal administrative burden on participants
• All California public entities are eligible for membership
in the CSAC EIA and access to its programs
Two Options for Participants
A “Standalone” OCIP or “Pooled” Approach
Project 4 - $75 M
Construction Value
Individual Limits &
Loss Aggregate
MROCIP
“Tower II” is for members with individual projects
between $10 million and $100 million in construction
value. It is a pooled program that offers pre-negotiated
rates and upfront savings to participants with the
possibility of future dividends, depending on pool
performance. This pooled approach allows members
to receive the benefits of a “wrap-up” on projects that
otherwise wouldn’t qualify because of their size. The loss
aggregate and limits apply across all projects in the pool.
“Tower II” is the Only Program of its Kind
Tower I
Entity 5 Project - $ 95 M
Entity 4 Project - $ 50 M
Entity 3 Projects - $ 80 M
Shared
Limits
& Loss
Aggregate
Entity 2 Project - $20M
Entity 3 Project 1 - $ 50 M
Entity 2 Project - $ 135 M
Entity 1 Project - $ 120 M
pre-negotiated, highly
competitive rates to
members with individual
or aggregated projects
totaling $100 million or
more in construction
value. Tower I
participants have their
own loss aggregate and
excess policies.
Project 2 - $ 30 M
“Tower I” offers
Entity 1 Project - $ 65 M
Project 3 $20 M
$100M
Tower II
For more information on the CSAC EIA OCIP Program, please contact :
Jim Holobaugh
Kevin Bibler
or
(213) 443-2459
(916) 643-2719