OCIP / CCIP Programs
OCIP / CCIP Programs
Owner- or Contractor-Controlled Insurance Programs (OCIP/CCIP) Safety
The combination of aging public infrastructure and the technology-propelled economic boom continues to create an ongoing demand for large public capital improvement projects. This need, combined with a loosening of insurance regulations and a highly competitive construction insurance industry, has led to the popularity and proliferation of owner-controlled insurance programs (OCIPs) in construction and other industries.
The inherently complex nature of OCIPs means that participants in multi-tiered relationships may not have the visibility they need in order to maximize the OCIP's performance or to identify gaps between performance expectations and actual results. As a result, the OCIP or CCIP may be exposed to significantly increased risk and liabilities.
Our Clients' Goals
Achieve and Maintain Zero Accidents and Injuries
The hidden or indirect costs of an injury or incident are conservatively estimated to total 2-5 times the actual cost of the incident, resulting in an impact to the company bottom-line that can increase quickly with number of incidents.
Complete Projects On-schedule and Under-budget
The diverse relationships and competing needs inherent in an OCIP demand collaboration, effective communication and partnership among all parties involved. Regular, consistent communications increase the likelihood of on-time, cost-efficient delivery.
Demonstrate Commitment to the Safety and Protection of Workers
A proactive safety program helps companies to strengthen their business reputation with stakeholders because they have demonstrated a commitment to worker safety and protection. Our clients use their safety program to more effectively differentiate themselves from peers in terms of culture, action and leadership
Execute your Safety Program at the Lowest Possible Cost
A formal safety program that documents safety inspections and benchmarks project, contractor and subcontractor performance can minimize or eliminate OSHA and other regulatory fines, and is evidence of a proactive safety culture-an important step towards maximizing the returns on owner-controlled insurance projects. An efficient system achieves these results at the lower possible cost.
Safety First, Inc. OCIP/CCIP Results:
Involve More Participants in the Collection and Dissemination of Consistent Information
Safety First, Inc’s programs are designed to help in the collection and distribution of critical information in fast passed environments. Safety First, Inc’s reports produce consistent, uniform data and meaningful comparisons for the prevention of incidents.
Raise Individual Competencies of Participants in Your Safety Program
Safety First, Inc. and all participants communicate using the same information gathered by our field representatives enabling collaboration and better safety results across diverse companies. Scheduled and consistent reports present information in a concise, condensed format, ensuring that all parties are aware of open issues and trouble areas at the same time. Additional training and attention can be focused on problem areas in order to raise individual expertise in safety.
Quickly Identify Negative Trends before Incidents or Accidents Occur
Safety First, Inc. field reps capture real-time observations as issues occur. Historical data that previously served no purpose beyond the individual safety meeting is now a resource for identifying trends that can provide leading risk indicators across the project or within specific companies.
Increase Accountability
Observations can be linked to people, companies, work areas or projects, allowing leadership to track participation, competency and consistency. Using advanced analytics and by automatic report distribution, Safety First, Inc. allows management to have up-to-the-minute status and results without the administrative costs or time delays. Documentation of completed safety inspections and associated reports also provide evidence that you are in compliance with OSHA and other regulatory guidelines.
Benchmark Your Contractors' and Subcontractors' Performance
By comparing your current safety performance against other contractors and the rest of the industry in specific safety areas, you can determine areas where training is needed and continuously improve business processes. You can also benchmark your subcontractor's performance across different projects and against other subcontractors and use the findings to create an effective model for predicting and preventing claims.