Hartford Steam Boiler A Munich Re company
UK and Ireland
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Equipment Breakdown Insurance

HSB Machinery and Technology Combined

Comprehensive cover for businesses and organisations operating machinery and equipment; with the option to include engineering inspection services.

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    Brokers and agents
    Insurers and MGAs
    Business customers

    Whilst technology brings many benefits...

    ...ever more reliance on tech is increasing the risk to businesses and organisations of equipment failure, breakdown, and non regulatory compliance

    We live and work in a world where technology is constantly evolving; creating new forms of machinery - which incorporate advanced microelectronic components, circuitry, and computerised control systems - and requirements for businesses and organisations to conform to applicable workplace equipment health and safety legislation.

    What is equipment breakdown insurance?

    Equipment breakdown insurance is designed to mitigate the disruption to businesses and organisations operating machinery and equipment.

    Our equipment breakdown insurance product, HSB Machinery and Technology Combined, has been designed to provide comprehensive sudden and unforeseen damage and breakdown cover for fixed manufacturing, processing, and services equipment, building services equipment, as well as cover for deterioration of stock, increased costs of working, and loss of income.

    Customers also have the option to include engineering inspection services within the policy, for which we are a UKAS-accredited Inspection Body (No. 0010).
    High-tech machinery
    © Getty Images/Kynny
    Whitepaper: Equipment breakdown - the true cost to organisations
    Exploring five key benefits of equipment breakdown coverage, common equipment breakdowns, and the true cost of equipment failures | Click to download

    Who could benefit from having equipment breakdown insurance?

    • Manufacturers and suppliers
    • Food industry
    • Pharmaceuticals industry
    • Specialist engineering industries
    • Dairy farmers

    Commercial property owners:

    • Offices
    • Residential blocks
    • Hotels
    • Retail complexes

    Explore typical insurable equipment by occupancy type

    Warehouses/distribution centre

    Warehouse/distribution equipment
    Click to enlarge

    High-rise commercial/ residential properties

    High-rise commercial/residential property equipment
    Click to enlarge

    Manufacturer

    Manufacturing equipment
    Click to enlarge

    Educational establishments

    Educational establishment equipment
    Click to enlarge

    Hotel

    Hotel equipment
    Click to enlarge

    What's included in HSB's equipment breakdown insurance product?

    Brokers and agents
    Insurers and MGAs
    Business customers

    Can HSB provide equipment breakdown insurance outside of the UK or Republic of Ireland?

    We can provide cover within the UK, Republic of Ireland, Isle of Man, and the Channel Islands.

    Why consider HSB Machinery and Technology Combined?

    As a leading specialist provider of engineering and technology insurance and inspection services, our underwriters and risk engineers have extensive experience in providing equipment breakdown insurance  and engineering inspection services, and are recognised as experts in this field. Drawing on our vast expertise, we are able to provide cover to meet insurable risks:
     

    • Policy wordings specifically designed with customers in mind
    • Extensive underwriting expertise
    • Specialist engineering knowledge of plant and machinery
    • Cover available across the UK and Ireland
    • Access to in-house claims handlers, and loss adjusters, with specialist knowledge of the equipment breakdown risks

    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.

    UKAS
    accredited

    HSB Engineering Inspection Services Limited are a UKAS-accredited Inspection Body (No. 0010).

    Multi-skilled
    Engineer Surveyors

    Our network of technically-experienced, competent engineers are located throughout the UK and Ireland.

    Member of the Institute of
    Customer Service

    Demonstrating our commitment to continually improving customer service performance and professionalism.
    HSB is committed to providing a superior customer experience through our specialist claims service
    HSB Claims Team

    Learn more

    Brokers and agents
    Insurers and MGAs
    Business customers

    Frequently asked questions

    What is equipment breakdown insurance?

    HSB's equipment breakdown insurance product, HSB Machinery and Technology Combined, is designed to mitigate the disruption to businesses and organisations operating machinery and equipment. Our product can provide comprehensive sudden and unforeseen damage and breakdown cover for fixed manufacturing, processing, and services equipment, building services equipment, as well as deterioration of stock, increased costs of working, and loss of income.

    Customers also have the option to include engineering inspection services within the policy, for which we are a UKAS-accredited Inspection Body (No. 0010).

    What is our equipment breakdown insurance underwriting appetite?

    Our equipment breakdown insurance product is predominantly aimed at:
    • Manufacturers and suppliers
    • Food industry
    • Pharmaceuticals industry
    • Specialist engineering industries
    • Dairy farmers

    Commercial property owners:

    • Offices
    • Residential blocks
    • Hotels
    • Retail complexes
    Learn more

    Can we provide cover outside the UK and Ireland?

    No - we can provide cover within the UK, Republic of Ireland, Isle of Man, and the Channel Islands.

    Does HSB handle their own claims?

    HSB handles claims in-house via our UK and Ireland claims specialists who have considerable knowledge, experience, and expertise within the construction, engineering, and technology markets. We only engage loss adjusters or external experts when their involvement adds clear value to the claim process or enhances the customer experience. This approach ensures efficiency, consistency, and expert oversight throughout the lifecycle of each claim.

    Why consider equipment breakdown insurance from HSB?

    As a leading specialist provider of engineering and technology insurance and inspection services, our underwriters and risk engineers have extensive experience in providing equipment breakdown insurance  and engineering inspection services, and are recognised as experts in this field. With our product responding to changing equipment risks, exposures, and applicable health and safety legislation, we draw on our vast expertise to provide cover able to meet insurable risks.