HSB to Offer Equipment Breakdown, Data Breach Product

March 22, 2012

The Hartford Steam Boiler Inspection and Insurance Company (HSB), a part of Munich Re, has launched HSB Freestyle Advantage, an insurance product that combines equipment breakdown coverage with optional data compromise and identity recovery coverage.

HSB’s Data Compromise and HSB Identity Recovery coverages will be available with HSB Freestyle Advantage policies as of June 30, 2012 (subject to state approvals).

HSB Freestyle Advantage equipment breakdown insurance automatically includes coverage for mold, worldwide off-premises coverage, and to restore data that is lost or damaged due to a breakdown. It also offers increased coverage for more energy efficient equipment upgrades (now the highest offered by any insurer) and additional green equipment breakdown coverage.

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