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Owner-Controlled Insurance Programmes
In our latest update, we highlight the benefits of owner-controlled insurance programmes (OCIP). Widely used for all types of construction and engineering projects, this approach is seen as a most effective means of protecting all parties connected to the scheme, eliminating the need for each party to arrange their own insurance cover. Aside from the many benefits listed here, one of the key parts is that all parties involved are covered for the life of the project and maintenance periods.
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