Company Overview of The Hartford Steam Boiler Inspection And Insurance Company
The Hartford Steam Boiler Inspection And Insurance Company, through its subsidiaries, provides equipment breakdown insurance, and other specialty insurance and reinsurance coverage to businesses, industries, and institutions worldwide. It offers specialty insurance, including equipment breakdown and computer systems insurance for agents, brokers, program administrators, and MGAs; cyber insurance programs for computer attacks, cyber extortion, online fraud, and the breach of personal information involving smartphones, computers, and connected home devices; and specialty reinsurance, such as equipment breakdown, homeowners equipment breakdown, farm owners equipment breakdown, cyber risk, data ...
One State Street
P.O. Box 5024
Hartford, CT 06102-5024
Founded in 1866
Key Executives for The Hartford Steam Boiler Inspection And Insurance Company
Chief Executive Officer and President
Chairman of HSB Group Inc and Chief Executive officer of Munich Reinsurance America, Inc.
Chief Executive Officer of The Boiler Inspection & Insurance Company of Canada, President of The Boiler Inspection & Insurance Company of Canada and Director of The Boiler Inspection & Insurance Company of Canada
Compliance Officer, Senior Vice President and Deputy General Counsel
Compensation as of Fiscal Year 2016.
The Hartford Steam Boiler Inspection And Insurance Company Key Developments
The Hartford Steam Boiler Inspection and Insurance Company Introduces HSB Home Cyber Protection™, the First Personal Lines Cyber Insurance Program for Consumers
Jun 14 16
The Hartford Steam Boiler Inspection and Insurance Company (HSB) introduced HSB Home Cyber Protection™, the first personal lines cyber insurance program for consumers. HSB Home Cyber Protection™ offers a suite of cyber coverage and services for computer attacks, cyber extortion, online fraud and the breach of personal information involving smart phones, computers and connected home devices. HSB Home Cyber Protection™ bundles cyber insurance coverages once available only to businesses, but increasingly important to individuals as store more information electronically and access data online. Those coverages include: Computer Attack to remove malware and reprogram computers and tablets, Wi-Fi routers or other Internet access points; Home Systems Attack restores devices connected to the Internet, including smart phones, thermostats, smart appliances and security and monitoring systems; Cyber Extortion with professional assistance on how to respond to a ransomware attack and payment of ransom when approved; Data Breach including forensic IT and legal reviews, notification and recovery services when private non-business data entrusted to an individual is lost, stolen or published; and Online Fraud for losses due to identity theft, phishing schemes, illegal bank and credit card transfers, forgery, counterfeit currency, and other deceptions. HSB Home Cyber Protection™ is added to the homeowners or renters policies of insurance companies that partner with HSB and covers the individuals and family members insured by those policies.
The Hartford Steam Boiler Inspection and Insurance Company Introduces HSB Total Cyber
Feb 3 16
The Hartford Steam Boiler Inspection and Insurance Company has introduced HSB Total Cyber a stand-alone insurance product that offers mid-size companies direct coverage for multiple types of data and cyber exposures. The new product builds on a decade of HSB's experience covering identity theft, data breaches and cyber attacks, so agents and brokers can offer commercial customers a more comprehensive solution to today's growing cyber risks. The coverage is designed for businesses with revenues of $10 million to $150 million, although businesses with revenues up to $250 million can be underwritten. HSB Total Cyber is available through independent agents and brokers (pending approvals in some states).
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