Boiler & Machinery

Today's competitive environment means more and more businesses operate on a "24/7" schedule, so not only do their staff work hard, their equipment does too. The result: increased chance of breakdowns and potentially serious consequences for a company's bottom line. Boiler & Machinery (B&M) coverage, also known as machinery breakdown insurance, can help protect your business against losses of this type.

We are qualified to perform jurisdictional inspections of boilers and pressure vessels to ensure compliance with codes in North America, as well as inspections in conjunction with the insurance contract. We can spot trends and patterns quickly on equipment operations and failures, and advise you on preventative actions needed to reduce risks.

Coverage is typically written as an integral part of an "All Risk" property program, but can be done on a stand-alone basis as well. The "All Risk" program covers electrical and mechanical breakdown, boiler/pressure vessel breakdown and steam explosion, and can be expanded to include the various time element exposures. Covered equipment can include, but is not limited to:

• Steam boilers
• Unfired pressure vessels
• Gas, water, and steam turbines
• Engines, pumps, and compressors
• Electric motors, generators, and transformers
• Switchboards and other electrical apparatus
• Refrigeration and air conditioning equipment
• Production equipment