Controlled insurance programs (OCIPs and CCIPs), also known as “wrap-ups,” can be effective in controlling cost of risk and securing broad coverage terms for construction projects. A panel of experts will share the best practices to maximize the possibility that an OCIP or CCIP will be successful. Attendees will learn key issues to consider in determining if a CIP is feasible, some of the problems that owners and contractors encounter and how to overcome those issues. They will also discuss the coverage issues contractors must address in their own programs to assure they coordinate with the CIP insurance coverages.

Jack P. Gibson, CPCU, CRIS, ARM, is president of International Risk Management Institute, Inc. also known as IRMI. IRMI is the premier publisher of property-casualty insurance reference publications. Gibson is the co-author of 12 of the titles in the IRMI library, including The Additional Insured Book and Contractual Risk Transfer. He was editor of The Wrap-up Guide, 4th edition. He is co-chair of the annual IRMI Construction Risk Conference and has presented seminars and workshops on construction insurance and other topics at the national meetings of virtually every major risk management and insurance association, including RIMS, PRIMA, IIABA, and the CPCU Society.

Donald S. Malecki, CPCU, is a principal of Malecki, Deimling, Nielander & Associates, LLC, an insurance and risk management consulting firm in Erlanger, Kentucky.  He is also president of Malecki Communications Company, the publisher of Malecki on Insurance, a monthly newsletter on commercial insurance subjects. He is a co-author of The Additional Insured Book and The MCS-90 Book, both of which are published by International Risk Management Institute, Dallas, TX, and 8 other books, including three textbooks, one of which is used in the Chartered Property Casualty Underwriter (CPCU) curriculum. He is past president of the Cincinnati Chapter of CPCU and currently serves on the Society’s Consultants, Legal and Expert Witness Section. Malecki also is on the examination committee of the American Institute for CPCU and is an active member of the Society of Risk Management Consultants.

William D. Motherway, J.D., is a vice president with Tishman Realty & Construction Co., Inc. Motherway oversees the corporate-wide risk management program including safety, litigation management, disaster preparedness as well as the administration of the corporate property and casualty programs for Tishman.  He coordinates the marketing and placement of coverages on behalf of clients of the company during construction projects.  Insurance programs include wrap-ups with project premiums in excess of $20 million.  He reviews all contracts to make sure that the company and client are properly protected.  He is responsible for negotiating all claims settlements on behalf of Tishman and it’s clients. Motherway started Tishman’s captive insurance company, TRIMCO, in 2001 and manages the day-to-day operation of TRIMCO.  TRIMCO currently insures the risks of Tishman’s construction, development, hotel and real estate operations.

Karen Keniff Schwartzkopf, CPCU, CIC, ARM, senior vice president, Large Construction Management with Zurich, oversees the overall performance of Zurich’s large construction management customer segment, which includes general building contractors and owners. She is responsible for developing the national underwriting and service strategy, as well as directing and managing the underwriting functions. Schwartzkopf works closely with the field organization to develop client and distributor relationships and support the execution of the construction management national strategy. Schwartzkopf joined Zurich's Construction organization in 2001, serving as a Casualty Vice President in the Dallas office. Before joining Zurich, she spent 7 years with AIG serving in management and underwriting roles in the risk management and umbrella groups. She began her insurance career at her family's independent agency.

Karen Reutter, CPCU, ARM,  senior vice president of Aon Construction Services Group has extensive experience in the risk management and insurance industry, specifically focusing on the construction industry. She joined Aon Construction Services Group in 2008. Her role includes providing leadership on a national basis in the operations and production areas related to large construction companies and projects. Previously, she was senior vice president at Lockton companies; senior vice president, National Construction, at Willis; national director, Construction, at Zurich; and senior officer, senior account underwriter, Construction Practice, at St. Paul Companies. She began her career at International Risk Management Institute (IRMI).

Developed by the Underwriting Interest Group and
Risk Management Interest Group