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  • Wrap-Up Programs for Contractors

Wrap-Up Programs for Contractors

A large construction project must be done safely, on time and within budget – that's no easy task. We have been a provider of Wrap-Up products for more than 25 years - tackling Wrap-Up insurance programs that require specialization to meet complex needs.

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SPEAKER: There are many reasons to consider Travelers Wrap-Up Construction Coverage. Let's start with a customer's experience that speaks for itself.

ANDREA NELSON: Travelers has proven to me, over the past 12 years, that I can pretty much bring them anything. So we keep challenging them. And they keep coming back with suggestions and ideas and ways for us to be successful in these programs.

I think a lot of people might think of success as a dollar-driven, oh, we made X amount of money. And that's good, too. But for me, what's important is that you look three years after the project and you don't have any workers comp claims open.

Things are going to get more unusual in the construction industry, and they have to change with the changing market. We are now in our fourth CCIP program, since 2012, with Travelers. To me, that is the most important thing that I can say about a CCIP program. And having a carrier that has all their adjusters in-house, I think, makes all the difference in the world.

SPEAKER: Ready for some more reasons to trust Travelers? We offer broad uniform coverage without the worry of potential gaps and inefficiencies associated with contractual risk transfer. Over 30 years of construction knowledge and experience insuring projects of all sizes and complexities. In fact, Travelers insures over 5,000 contractors, over 450 claim professionals, and over 100 risk control consultants across the country, all of whom can provide on-site consultation for identifying potential loss exposures, efficient claims management, and return-to-work assistance. And finally, an A plus plus rating, proving that Travelers has the financial strength and stability to support the duration of your project and beyond.

There's no doubt about it. When it comes to wrap-up construction coverage, the proof is in our numbers. 68% of injured workers are back to work in 30 days. $0.63 savings per dollar billed. Almost 40% reduction in opioid use among injured workers. 41% of GL claims are successfully defended.

Excellent risk management teams, superior claims resources, unmatched dedication--now that's what we call a wrap.

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We believe in the importance of helping our agents and clients succeed. We provide underwriting excellence, hands-on construction expertise and extensive knowledge of the issues that impact contractors – all leveraged to help stay ahead of risk. By maintaining close working relationships with agents and clients, we provide the competitive advantage necessary to help avoid disruptions, reduce loss costs, and keep projects running smoothly.

Core Coverages:

  • General Liability
  • Workers Compensation
  • Umbrella

Product offerings:

  • CCIPs
  • OCIPs
  • Single Site
  • Rolling Wrap-Up Program

Related Products & Solutions

Contract Surety

Our specialized construction underwriters have deep industry knowledge and an ability to provide flexible, innovative solutions.

Railroad Protective Liability

Required of contractors who perform work on or around railroad tracks, railroad right-of-way or owned railroad property.

Owners and Contractors Protective Liability

Purchased by contractors to protect owners against vicarious liability for ongoing operations performed by, or the owner's negligent supervision of, the designated "contractor."

Excess Liability

Provides an extra layer of protection with monoline umbrella and excess liability through our Travelers Excess Casualty unit.

Inland Marine Construction Insurance

Industry expertise, innovative products and services to keep your projects moving forward.

Insights & Expertise

Construction Risk Management - construction workers standing in a circle in a warehouse of tools

Managing Your Construction Risk

Learn six ways contractors can effectively manage their cost of risk to help improve their bottom line, their reputation and worker safety.

Workforce Pressure Test

Take the Workforce Pressure Test [Tool]

Are you doing enough to help your workforce run and grow safely? This 5-minute test can help identify what may be your biggest construction workforce risk.

Construction Defect Discussion

Hat to Hat [Video]

Travelers prides itself on the strength of our construction expertise and the relationships we build with our customers. See how a 30-year relationship with one Travelers customer helped to avoid a potentially costly construction defect issue.

Crane Training

Crane Safety Expertise and Training

In-person or online, we have the resources to help you achieve a safe, effective crane program with teams trained to the highest standards.

Related Services

Risk Control

Travelers risk control construction specialists have the knowledge and the experience to meet your risk control needs and to help you take a proactive approach to safety and accident prevention.

Claim

Construction claims are complex and potentially volatile. That's why Travelers has a specialized construction claim service operation to focus on these unique claims.

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The Travelers Indemnity Company and its property casualty affiliates. One Tower Square, Hartford, CT 06183
This material does not amend, or otherwise affect, the provisions or coverages of any insurance policy or bond issued by Travelers. It is not a representation that coverage does or does not exist for any particular claim or loss under any such policy or bond. Coverage depends on the facts and circumstances involved in the claim or loss, all applicable policy or bond provisions, and any applicable law. Availability of coverage referenced in this document can depend on underwriting qualifications and state regulations.
All rights reserved. Travelers and the Travelers Umbrella logo are registered trademarks of The Travelers Indemnity Company in the U.S. and other countries.