Founded in 1875 as The Boiler Inspection and Insurance Company of Canada (BI&I), HSB BI&I is a Canadian leader in residential and commercial equipment breakdown insurance, as well as a trusted source of reinsurance to over 50 P&C companies who want to cede some of their financial liability.
|Canadian Mkt. Share**||0.23% (2019)||Products||Equipment Breakdown, Special Risks, Cyber Risk, Data Compromise, Identity Theft, Home Systems, Homeowners Service Lines, & more.|
|*Founded as The Boiler Inspection and Insurance Company of Canada in 1875.
**As The Boiler Inspection and Insurance Company of Canada, and of all private P&C in Canada by net premiums written, excluding life and purely A&S companies.
BI&I is a subsidiary of The Hartford Steam Boiler Inspection and Insurance Company (HSB)—founded in 1866, and part of The Munich Reinsurance Group—and both companies, along with many others, were established to combat the high number of boiler explosions following the Industrial Revolution in North America.
As part of the Munich Reinsurance Company, or Munich Re Group, HSB BI&I has the backing of one of the most experienced and stable insurance and reinsurance companies in the world.
Customers turn to HSB BI&I when they need:
Unlike many companies that we partner with, HSB BI&I doesn’t offer personal plans, group plans or anything outside of the very broad category called equipment breakdown. This can refer to anything ranging from home appliances such as ovens and washing machines to office equipment like commercial copiers, all the way up to industrial equipment such as ventilation units and machines.
As is the case with many larger insurance providers, HSB BI&I relies on brokers like us across Ontario and beyond to provide access to their products to customers.
Commercial and residential customers who use the company’s policies have come to enjoy the following advantages of HSB BI&I’s risk protection:
HSB BI&I specializes in various levels of Equipment Breakdown insurance for homes and businesses.
At Mitchell & Whale we have the experts to assess your business risks, and the insurance partners to get you the best coverage. Speak with a broker today: 1-800-731-2228