HSB: Joint lead insurer
Providing further-enhanced engineering and technology-related products, with a wider range of choices and options for your clients
We're proud to be working with Marsh Commercial to provide innovative engineering and technology insurance and inspection solutions.
Covering a broad range of technologies and industry sectors, our specialist underwriters, engineers and claims teams collectively utilise their extensive experience and technical expertise to provide expert advice, training and assistance should the worst happen.
Why choose HSB?
With a financial strength rating of A++ (Superior) by A.M. Best Company, we are the UK-based arm of Hartford Steam Boiler; a leading global provider of specialty insurance, inspection services and engineering consulting with a heritage built up over 150 years.
We have the highest level of technical accreditations and are members of various specialist technical organisations, which includes our inspection services in the UK accredited by UKAS (to ISO 17020:1998).
We are a member of the Institute of Customer Service, demonstrating our commitment to continually improving customer service performance and professionalism.
by A.M. Best Company
Talking points
Designed to support your discussions with customers
HSB Computer Insurance
The working landscape changed significantly in 2020, where working from home became the new norm for millions of employees.
With less time now spent working in designated offices and premises, what should businesses be thinking about in terms of managing their computer equipment risks?
HSB launches new Consultancy Services
Providing businesses with improved analysis of their equipment, and health and safety practices:
- Equipment Condition and Performance Services
- Vertical Transportation Servics
- Health and Safety Services
We offer enhanced commission to Marsh Commercial
| Commission | |
|---|---|
| Insurance - all products | 38.5% |
| Inspection - all products | 26% |
Products and services
Enhanced products: Insurance
Computer
HSB Computer Insurance | A commercial product designed specifically to offer protection for computer-related risks.
The policy is split into four sections of cover, providing customers with the flexibility to choose the level of cover they need.
HSB Computer Insurance is also available to you on Acturis, or via our extranet trading system; enabling you to quote and bind policies with ease.
Product brochure download (Computer) (PDF, 732 KB)
Enhancements
Increased policy limits for:
- Extra hardware - £1,000,000
- Extra hire or lease costs - £100,000
- Fire brigade charges – £100,000
- Recovery of hardware - £100,000
- Security guard costs - £100,000
Additional covers:
- Energy efficiency improvements following a claim – 10% of replacement cost or sum insured, whichever is the less
- Debris removal – £100,000
- Investigation costs - £100,000
- Recovery reward - £100,000
Construction
- HSB Construction All Risks Insurance (annual or project) | Provides comprehensive cover for construction, buildings and civil engineering projects
Product brochure download (Construction - CAR) (PDF, 2.3 MB) - HSB Contractors' Plant Insurance (owned or hired-in) | Provides protection for unforeseen loss or damage to construction plant and equipment
Product brochure download (Construction - HIP) (PDF, 2.3 MB)
Our construction products are also available to you via the Acturis e-trading platform; enabling you to quote and bind cover, process mid-term adjustments and obtain renewal terms with ease.
Enhancements
Construction All Risks Insurance
Annual: Contract Works, Own Plant, Hired-In Plant, Employees' Tools and Personal Effects, and Machinery Movement
Project: Contract Works, Advanced Loss of Profits, Own Plant, Hired-In Plant, Employees’ Tools and Personal Effects, and Machinery Movement
- Cover for testing and commissioning
- Removal of the application of heat clause
- Addition of the marine transit 50/50 clause
- Owned Plant - Restated of "How much we will pay" from 2 year's old to 3 year's old.
- Employees tools covered away from contract sites
- Machinery Movement – definition of transit includes roll-on roll-off ferry
- Cover for plans and documents - £50,000
- Cover for professional fees - £50,000
- Damage to security devices - £5,000
- Damage to that substitute equipment following a loss - £50,000
- Additional cost of construction - 10% of the contract price or £200,000
- Fuel tank drainage - £2,500
- Own surrounding property - £25,000
- Sign writing or livery - £5,000
- Transportation of damaged insured property - £25,000
HSB Contractors' Plant Insurance
- Owned Plant - Restated of "How much we will pay" from 2 year's old to 3 year's old.
- Damage to security devices - £5,000
- Damage to that substitute equipment following a loss - £50,000
- Fuel tank drainage - £2,500
- Own surrounding property - £25,000
- Sign writing or livery - £5,000
Equipment breakdown
HSB Machinery and Technology Insurance | An equipment breakdown and damage, deterioration of stock, and business interruption policy all in one
Product brochure download (MTI) (PDF, 1.7 MB)
HSB Machinery and Technology Combined | An equipment breakdown and damage, deterioration of stock and loss of business income insurance policy which also includes inspection services
Product brochure download (MTC) (PDF, 1.7 MB)
Enhancements
Increased policy limits for:
- Building Management Systems – restoration of data - £100,000
- Temporary removal – worldwide - £100,000
- Deterioration of Stock – cover for failure of electricity network at the insured location
Additional cover:
- Deterioration of Stock - refrigerated vehicles - £10,000
Standard products: Insurance
Cyber
Product brochure download (Cyber) (PDF, 1.1 MB)
Equipment breakdown
Product brochure download (MIDI) (PDF, 996 KB)
Energy
HSB Energy Efficiency Insurance | Designed for investors in energy conservation measures, Energy Service Companies and those financing energy saving projects
Standard products: Inspection
HSB Inspection
HSB Consultancy Services
Our complete solutions for your customers' equipment and health and safety practices reduce risks, costs, and keep their businesses compliant.
We know every business is different, which is why we’ve designed our consultancy services in modules; providing customers with the option to select what they need, when they need it.
Equipment Condition and Performance Services | Reducing breakdown, maintenance and energy costs | Five modules available | Product brochure download
Vertical Transportation Services | Improving lift and escalator efficiencies, reducing maintenance and energy costs | Seven modules available | Product brochure download
Health and Safety Services | Improving workplace health and safety management systems and practices | Five modules available | Product brochure download
HSB Fixed Wiring Inspection
Employers and the self-employed are bound by the requirements of the Electricity at Work Regulations 1989 (EAW), made under the Health and Safety at Work Act 1974, to maintain all electrical systems and apparatus and to provide proof they have done so. Landlords have further obligations under the Consumer Protection Act 1987 to ensure that goods are checked before the tenant takes them over.
HSB is a leading specialist provider of engineering inspection services in the UK and Ireland. Our services are formally accredited by UKAS to the international standards ISO/IEC 17020. Our electrical inspection reports include, within agreed limitations, observations and recommendations, schedules of test results on all circuits and an assessment of the condition of the installation.
E-Trade
Construction
Technology
HSB Contacts
