OZIP™, Opportunity Zone Insurance Program

OZIP™, Opportunity Zone Insurance Program

It’s only an opportunity if you manage the risk.

The Tax Cuts and Jobs Act (TCJA) of 2017 created the Opportunity Zones provision to encourage investment in economically distressed communities. The program provides preferential capital gains treatment for investments within designated low-income census tracts. In order to qualify for these benefits,investors must reinvest one or more capital gains in a Qualified Opportunity Fund (QOF).

Pioneering Opportunity Fund Insurance Solutions

Lovitt and Touché has developed a cutting-edge solution specifically catered to Opportunity Funds. The Opportunity Zone Insurance Program (OZIP™) is an innovative mechanism to protect an Opportunity Fund’s assets.

OZIP™ capitalizes on our in-house expertise, along with strategic relationships with underwriters in both tax and development insurance.

Understanding Risk Leads to Customized Solutions

Opportunity Funds can bring several risks that lead to a series of issues, including:

  • Will the Opportunity Fund structure be respected?
  • Will the step-up basis be allowed in full?
  • Will the Opportunity Fund’s capital gains deferral integrity be respected?
  • Will the nature of a fund’s projects risk their asset test status?
  • Will poor claims management with time sensitive issues put a fund asset ratio in jeopardy?
  • Will unexpected delays in a project put a fund asset ratio in jeopardy?
  • Will an Opportunity Fund be liable for its errors and omissions, including circumstances out of the fund’s control?

Employee Input

Expected & Utilization
Network Preference
Health Status

Employee Input


Employee Input

Risk Tolerance
Health & Finance Concerns
Healthcare Consumerism

Public Data

Healthcare Costs & Utilization

Statistical Modeling

An algorithm creates a recommendation considering:
  • Types of plans that match people's specific needs and wants
  • A cost that balances premiums with expected out-of-pocket expenses
  • A match to physician network preferences and overall desires and concerns

Plan Recommendations

Click a plan to see the distribution:
Single Male
HDHP Health Plan
Long-term Disability
Short-term Disability
Basic Dental
Single Female
PPO Health Plan
Critical Illness
Transit FSA
HMO Health plan
Long-term Disability
Enhanced Dental

Explore Your Options

We can Help you save money and manage risk

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Identifying Challenges Creates Inventive Solutions

Our OZIP™ team provides a holistic approach to the traditional model for insurance. We emphasize a strategy from the very beginning in order to positively differentiate a fund from its contemporaries.

Our program will not only give peace of mind to current investors, but enable a valuable recruiting tool for potential investors. An Opportunity Fund with an OZIP™ will secure itself through an innovative hedge against potential errors and omissions.  

Many underwriters are looking at Opportunity Funds as low-income census tracks. With decades of experience working with insurers and underwriters, we work diligently to accurately and comprehensively frame each specific Opportunity Fund. Our goal is to put its benefits and risks into greater context and provide underwriters with a comprehensive snapshot detailing the investment, risk mitigation strategies and potential outcomes.

Experienced Partners Ready to Guide You

We’re no strangers to helping clients navigate complex world of project insurance. OZIP™ capitalizes on our in-house expertise, along with strategic relationships with underwriters in both tax and development insurance.

Our experience in insuring large construction projects spans:

  • Hospitals
  • Casinos
  • Condominiums
  • Apartments
  • Master plan communities
  • Hotels
  • Industrial facilities

We encourage you to see how our OZIP™ team can set your Qualified Opportunity Fund apart.