HSB BI&I - A Brief History

Normal view (turn off text only mode)
You are here:

Brief History

A Wealth of Experience in Insurance

With roots that go deep into Canada's past and a vision of the future, HSB BI&I has been a leader in providing specialized insurance products since 1875.


As The Canadian Steam Users Insurance Association we were incorporated on April 8, 1875. The organization was founded by a group of individuals with interests in law, politics and business in order to provide insurance on Steam Boilers. Although the inaugural records of the company make no reference to accident prevention by means of Inspection, this critical aspect of the business soon became a cornerstone of our success. The name was changed to The Boiler Inspection and Insurance Company of Canada on May 17, 1882 to "more closely reflect the actual purpose and operations of the Company and in 1893 the Company obtained a license to write Machinery Insurance".

As the years passed and our reputation grew, the company gradually expanded its services to businesses and institutions both large and small from coast to coast across Canada. The reputation we earned is one of engineering knowledge and specialized underwriting expertise. 
Today, as the Canadian member of Hartford Steam Boiler's (HSB) group of international companies, established in 1866, we have the advantage of being able to offer services on a worldwide basis. Our mission is a commitment "to be Canada's leading provider of engineering-based insurance products and related technical services."


Are you a broker? Self-rate, bind and issue commercial equipment breakdown policies in less than 5 minutes.

Main Navigation
Service Men

© The Boiler Inspection and Insurance Company of Canada | La Compagnie d’Inspection et d’Assurance Chaudière et Machinerie du Canada.
All rights reserved | Tous droits réservés


This publication is available exclusively to Munich Re clients. Please contact your Client Manager.