Coverage for Construction
New World Casualty &
Consulting has provided
unique insurance and risk
management solutions to
many of the nations largest
real estate owners,
developers, construction
managers, and specialty
We do Wrap Ups all day long!
Tough Classes: including
bridge and blasting
New York based General
Contractors: If your standard
markets snap it up - don't
call us.
For everything else -
Send It In!
A Wrap-Up or Wrap
insurance policy is designed
to reduce costs and avoid
headaches primarily on
large construction projects.
The Wrap-Up insurance
policy includes the owner,
general contractor, sub
contractors and all other
parties involved in the
construction project. Wrap
Up insurance covers all the
parties in a construction
project under one umbrella
insurance policy.
A Wrap-Up Insurance policy
is either owner-controlled or
contractor-controlled. Either
policy allows the owner to
spread the risk out among
different parties, and provide
a single insurance safety net
for every company and
individual involved in the
Workers Comp and General
Liability insurance coverage
has been standard in a
Wrap-up insurance policy in
the past. Today some states
have workers comp troubles
and high general liability
claims costs, particularly for
residential construction
projects including
condominium development.
General liability only Wrap
Ups have recently been
designed for such issues
and provide coverage
through OCIPs and CCIPs
for trade contractors who
cannot obtain adequate
coverage or liability limits.
Excess Liability
Insurance Specialists!
New World Ventures 2010
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