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Controlled Insurance Program (CIP)
One party obtains insurance on behalf of all or most parties performing work on a project or site under a centralized insurance program. Coverages include Builder's Risk, Commercial General Liability, Workers Compensation, and Umbrella Liability. These types of programs offer benefits such as lowering costs and reducing litigation. They may be owner controlled (OCIP) or contractor controlled.
Insurance Industry News from ProgramBusiness.comProfessional Liability
AFPD (ADMINISTRATORS FOR THE PROFESSIONS OF DELAWARE, INC.)
Administrators for the Professions of Delaware, Inc. ("AFPD") was formed in 1986 to act as a program manager to insurance companies for professional liability insurance. AFPD provides marketing, underwriting, billing, collections, and data processing services to two insurance companies.
AFPD has a staff of professionals whose sole purpose is to provide the very best service to their clients. Building a long-term relationship with our agents is most important.
AFPD underwrites each risk on an individual basis. If your agency specializes in Lawyers professional liability and or Dentists professional liability and has a book of business, we can help you.
For more information, visit http://www.programbusiness.com/tracking/sftracker.asp?Sfid=243.
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