Company Overview

Since 1875, HSB Canada has been Canada’s premier equipment breakdown specialist, serving customers both directly through strong broker relationships and as a trusted reinsurance partner to over 50 P&C companies. 

Today, HSB Canada is a proud member of the Munich Re Risk Solutions family, continuing our tradition of excellence in technical knowledge and commitment to customers with coverage and service available in all provinces. We provide jurisdictional inspections in accordance with provincial code provinces along with policy-driven inspection services across Canada.

As part of Munich Re, HSB Canada – itself carrying an A++ (Superior) rating from A.M. Best – has the backing of one of the world’s most experienced and stable insurance and reinsurance companies. With shared values and complementary skill sets and offerings, we have the ability to leverage a global knowledge base to develop and deliver innovative, forward-thinking risk solutions. We are showing our clients NOT IF, BUT HOW to manage risk in a complex and evolving world.

Thanks to Canada's largest in-house insurance team of engineers, inspectors and technical personnel, the HSB Canada difference is grounded in extensive technical understanding, developed over more than a century of partnership with HSB Group and enhanced by Munich Re. We have a well-deserved reputation for fair, prompt claims service, efficient underwriting, quick quote turnaround and being easy to work with. Our longstanding focus on excellence, dependability and collaboration has earned us a reputation for understanding the challenges facing our customers and delivering superior risk solutions and coverage that our clients can count on.

Mission & Vision

Mission

To be an indispensable partner to customers by being the leading provider of equipment breakdown and other technical insurance products and services.

Vision

Canada's most reliable source for engineering-based insurance.

Broad Based Industrial and Commercial Service

We are a leader in the specialized underwriting and technical expertise required for insuring equipment.

HSB Canada has the broadest base of policy holders in the Boiler & Machinery Insurance market. We are the most knowledgeable source to assess and analyze equipment exposures.

Our technical expertise is unsurpassed.

HSB Canada has expertise for risk assessment, the prevention and containment of loss, and claim settlement which is unsurpassed in the Canadian insurance industry.

HSB Canada has systems which provide our customers with meaningful information and reliable transaction processing while giving us the tools to manage cost-effectively.

Our people are highly skilled, experienced professionals who have the training, authority and motivation to make significant contributions to the reduction of risk for our clients.