August 28, 2016 6:55 PM ET

Insurance

Company Overview of The Hartford Steam Boiler Inspection And Insurance Company

Company Overview

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

United States

Founded in 1866

Phone:

860-722-1866

Key Executives for The Hartford Steam Boiler Inspection And Insurance Company

Chief Executive Officer and President
Chief Financial Officer
Chairman of HSB Group Inc and Chief Executive officer of Munich Reinsurance America, Inc.
Age: 57
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

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

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).

Similar Private Companies By Industry

Company Name Region
212 Capital Group, LLC United States
21st Century Life and Health Company, Inc. United States
3 Mark Financial, Inc. United States
534 Las Americas, LLC United States
A and H Insurance, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact The Hartford Steam Boiler Inspection And Insurance Company, please visit www.hsb.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.