Welcome to HSB

With over 150 years of industry leadership, HSB sets the standard in equipment breakdown insurance, which was formerly called boiler and machinery insurance. Along with other specialty insurance and reinsurance coverages - including data and cyber risk, employment practices liability, contractors errors and omissions and identity theft insurance - HSB helps you stay ahead of emerging risks in a complex world.

HSB is rated A++ (Superior) by A.M. Best Company. As part of Munich Re we have the ability to leverage a global knowledge base to develop and deliver innovative, forward-thinking risk solutions with technical knowledge, superior risk solutions and customer commitment you can count on.

Our engineering and inspection services force is one of the largest in the world, with over 1,200 engineers, inspectors and technical personnel around the globe. We offer first-class inspection services, loss reduction and engineering-based risk management consultation for business, home and farm.

HSB is headquartered in Hartford, Connecticut, U.S. Through our affiliates in Canada and the United Kingdom we serve businesses, industries and institutions worldwide – from "Main Street" businesses to larger operations, such as manufacturing plants - and help them to avoid losses, as well as recover promptly from losses that do occur.

We provide specialty coverages and services, directly through independent agents and brokers, or through our reinsurance arrangements with over 200 multi-line insurance companies. We work with these companies to integrate equipment breakdown insurance and other specialty insurance into their commercial packages.

A.M. Best company affirmed the financial strength rating (FSR) of A++ (Superior) and the issuer credit ratings (ICR) of “aa+” of the members of The Hartford Steam Boiler (HSB) Group and its member companies on July 22, 2020. The outlook for the ratings is stable.

In its press release A.M. Best said, "The ratings reflect HSB’s balance sheet strength, which AM Best categorizes as strongest, as well as its very strong operating performance, favorable business profile and very strong enterprise risk management (ERM). The group has a long-standing reputation as a valuable partner to insurance companies throughout the industry. This unique position allows the company to distribute its products throughout the United States, as well as in other markets. Additionally, it allows its partners to access the specialized knowledge and innovative products the group provides to the industry, including Internet of Things (IoT) and other loss control solutions. In recent years, the group has developed innovative solutions to cyber insurance and equipment breakdown policies, including IoT, which have produced favorable returns."

A.M. Best Company financial strength rating of A++ (Superior) applies to the following HSB member companies:

• The Hartford Steam Boiler Inspection and Insurance Company
• The Hartford Steam Boiler Inspection and Insurance Company of Connecticut
• HSB Canada
• HSB Engineering Insurance Limited
• HSB Specialty Insurance Company

Founded in 1899, A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source.  For the latest rating, access www.ambest.com.