Computer Insurance
Comprehensive cover for business computer hardware, data losses, increased costs, and virus, hacking and denial of service
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The working landscape has changed significantly, with hybrid working now the new norm for millions of employees.
But 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?
Whilst there is often the option to insure computer equipment under a commercial combined, office, or property policy, these may not fully cover all computer risks.
Transit risks
Hybrid work environments
Accidental damage
Physical loss - Theft - Accidental damage
Shared office spaces - Home-based offices - Shared homes
Pets - Children - Vermin
Our response:
HSB Computer Insurance
As a leading specialist provider of engineering and technology insurance, HSB Computer Insurance has been specifically designed to offer comprehensive cover to businesses who want to cover their computer hardware and portable equipment.
Our policy is split into sections, providing customers with the flexibility to choose the level of cover they need.
Hardware (core cover)
Reinstatement of data
Increased cost of working
Virus, hacking, and denial of service attack
'Reinstatement of data', 'Increased cost of working', and 'Virus, hacking and denial of service attack' can be selected in addition to 'Hardware' to enhance the level of cover.
In addition, 'Virus, hacking and denial of service attack' cover also automatically extends to cover 'Reinstatement of data' and 'Increased cost of working', if these additional covers have been purchased by the customer.
Key features of HSB Computer Insurance
- Electronic office equipment can be automatically included under 'Section 1 - Hardware'. For example, photocopiers; video, audio conferencing and projection equipment; and associated software and programs.
- Extra hardware is automatically covered up to maximum £500,000, during the annual period of insurance, should the insured accidently forget to inform us.
- Following an incident, cover will pay to remove viruses and will help clients to get specialist advice to prevent future viruses or hacking.
- Full theft cover – no forcible and violent entry/exit condition.
- All risks, including breakdown coverage.
- Low policy excesses (£150) and nil for damage caused by fire, lightning, explosion, aircraft and theft. Only £50 excess for mobile telephones and smartphones.
Trading options
E-trade
Access HSB Computer Insurance via our online solutions: HSB Fast Track or Acturis; fully supported by our E-Trade Team.
Delegated authority/reinsurance solutions
We can provide our partners with capacity, as well as innovative, all-encompassing SME computer solutions. If you’re looking to provide specialist cover as part of your commercial proposition:
HSB Computer Insurance in action
Water damage to an IT server's network switches
£73,303
Claim paid
Storm damage to computer/IT equipment
£125,000
Claim paid
Power spike affected a computer network
£38,000
Claim paid
Laptop stolen from a vehicle
£1,300
Claim paid
HSB is committed to providing a superior customer experience through our specialist claims service
Product documentation
Brokers/Agents: Access via HSB Fast Track or Acturis
Quote
Bind
Process mid-term adjustments
Obtain renewal terms
Get an online quote within just a few clicks
Instant access to policy documentation
Manage your customers' MTAs online
Supporting documentation immediately accessible
New HSB Fast Track user? Registration is quick and easy.
Why choose HSB?
UK-based arm of
HSB Group
The equipment breakdown insurance and inspection market leader since 1866.
Part of
Munich Re
A world leader in risk solutions, consistent risk management, and financial stability.
Rated A++ (Superior) by
A.M. Best Company
Financially strong and stable.
Member of the Institute of
Customer Service
Demonstrating our commitment to continually improving customer service performance and professionalism.
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