The Boiler Inspection and Insurance Company of Canada has been the leader in providing the specialized underwriting and technical skills required for insuring equipment. HSB BI&I offers innovative risk solutions that show you NOT IF, BUT HOW you can stay ahead of emerging challenges in today's complex world.
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WHY EQUIPMENT BREAKDOWN INSURANCE?
While the origins of our business date from the steam age, the basic need remains the same – businesses are vulnerable to damage and interruptions caused by equipment breakdown. In today’s complex and highly interconnected world, with our extensive reliance on electronic communication systems, the potential business disruption from equipment failure or data loss may be even greater. Since conventional property insurance does not cover these losses, mitigation of such risks through equipment breakdown insurance is not an optional “nice-to-have,” but an essential management tool.