HSB Facts

HSB Group, Inc. is the parent company of The Hartford Steam Boiler Inspection and Insurance Company.

Hartford Steam Boiler (HSB) was founded in 1866 and is headquartered in Hartford Connecticut.

HSB is one of the world’s leading insurers and reinsurers of equipment breakdown insurance.

HSB is a global provider of specialty insurance and reinsurance products, inspection services and engineering consulting.  

Insurance operations in the U.S., Canada, United Kingdom, Ireland and Australia.

HSB Group's main foreign subsidiaries are HSB Engineering Insurance Limited (HSB EIL) based in the U.K. and The Boiler Inspection and Insurance Company of Canada (BI&I). 

The Hartford Steam Boiler Inspection and Insurance Company is rated A+ (Superior) by A.M. Best Company in financial size category X (ten).

HSB services over five million insured locations.

HSB distributes equipment breakdown insurance and other specialty coverages through property–casualty insurers, insurance agents, brokers and managing general agents.

HSB has reinsurance relationships with more than 200 property-casualty insurance companies.

Through these reinsurance relationships, HSB provides specialty coverages and loss prevention services that become value added components of other insurers' commercial and personal lines insurance products.  

Loss prevention plays an important role in HSB's underwriting performance and helps the company deliver excellent returns on capital.

Approximately 50 percent of HSB’s 2,400 employees have an engineering or technical background. 

HSB conducts more than 1.5 million on-site inspections of equipment and property-casualty risks each year.

HSB is the largest authorized inspection agency accredited by the American Society of Mechanical Engineers (ASME).

HSB owns one of the world’s largest technical databases on equipment failures and causes.