The #1 choice for wrap-up administration software
Vertafore Wrap-Up is an advanced, web-based solution for streamlining and automating the management of Owner Controlled Insurance Programs (OCIP) and Contractor Controlled Insurance Programs (CCIP). Vertafore Wrap-Up allows CIP administrators to leverage automation, reliability, and mobility without the overhead of maintaining an in-house system or the cost of outsourced services.
Why Vertafore Wrap-Up?
Real-time SaaS
Our subscription-based model lets users easily access or report information in real-time via the internet.
Track and store paperwork
Documents are stored within a specific enrollment/contract, and are easily accessible to sponsors, contractors, and wrap-up administrators, allowing them to easily share documents for the wrap-up contract.
Total automation
Vertafore Wrap-Up™ automates the communication process between all parties. This includes notifications such as requests for delinquent enrollment information, delinquent payroll reporting, delinquency offsite certificates, notifications to the carrier for new contracts, and welcome and renewal packets.
How our product works for you
Vertafore Wrap-Up is the leading OCIP/CCIP administration technology platform designed to automate and streamline the administration of controlled insurance programs for the construction industry.
Manage liability
Supervise accountability with a comprehensive, hierarchical view of contractors and tiers of subcontractors. Manage offsite coverage, EMRs, and claims for every subcontractor on a project.
- Build master contractor profiles
- Track sub-contractor relationships in a hierarchy
- Calculate loss ratio by project
Streamline communication
An online subcontractor portal organizes subcontractor communications, eliminates paperwork and reduces manual intervention. Email and fax integration further organizes communication. Sponsors receive scheduled, automated reports for real-time reporting on program health.
- Manage contractor communications
- Measure task completion with comprehensive tracking and auditing
- Send documents via email or fax
Track and store paperwork
Electronically organize documents to eliminate the need for paper filing systems. Keep a history of all communications, contracts, offsite coverage certificates, and other documentation for each subcontractor on a project.
- Create, store, and send letters and certificates
- Track and archive correspondence
- Capture a detailed audit trail for every transaction
Explore the benefits you need most
Brokers
View More
- Minimize up-front costs
- Launch an administrative services business quickly
- Save time following up on subcontractors’ enrollment forms, experience modifiers, offsite coverage, and payroll
With their strong client relationships and insider knowledge on wrap-ups, more wrap-up brokers are finding value in offering administrative services to their clients. Brokers can ensure their success by using an advanced platform at an accessible investment.
Administrators
View More
- Stay organized and handle tasks quickly and correctly
- Stay on top of delinquencies
- Ensure program compliance for enrollment forms, experience modifiers, offsite coverage, and payroll
Efficient technology reduces the burden of routine tasks and manual entry on administrative users, freeing them up to take on more new business and be more responsive to sponsor demands.
Contractors & owners
View More
- Keep private control over program data
- Enjoy 24/7 access to program status
- Bring wrap-up administration in-house with low up-front costs
Wrap-up program sponsors—whether contractors or owners—need peace of mind when it comes to ensuring the success of their CIPs. Sponsors have the potential to save 50% of costs currently spent on outsourced administration by bringing the tasks in-house. A secure technology platform allows sponsors to begin management services right away with low start-up costs.
- Keep private control over program data
- Enjoy 24/7 access to program status
- Bring wrap-up administration in-house with low up-front costs
Wrap-up program sponsors—whether contractors or owners—need peace of mind when it comes to ensuring the success of their CIPs. Sponsors have the potential to save 50% of costs currently spent on outsourced administration by bringing the tasks in-house. A secure technology platform allows sponsors to begin management services right away with low start-up costs.
TSIB success story
Learn how Turner Surety and Insurance Brokerage, Inc., one of the largest privately held insurance brokers, uses Vertafore Wrap-Up to provide in-depth daily administration services for their clients.
Additional resource
Learn how Vertafore Wrap-up can transform your business