BIBA launches new computer insurance scheme with HSB

BIBA-launches-new-computer-insurance-scheme-with-HSB

Authored by HSB

The British Insurance Brokers’ Association (BIBA) has launched a new computer scheme to help protect computer hardware and portable equipment.

Provided by leading specialist HSB, the new scheme offers comprehensive cover for computer-related risks. The policy is split into four sections, providing commercial customers with the flexibility to choose the level of cover they need.

BIBA members can access HSB’s enhanced computer product which provides additional benefits including an environmental hardware replacement enhancement.

Mike Hallam, BIBA Head of Technical Services, said: “With the working landscape changing so significantly over the last few years, we’re really pleased to bring this new scheme to members. This product allows brokers to help their clients protect their valuable technical equipment across their business in a specialist policy, adding value and creating new business opportunities.”

The policy is wide ranging including cover for installed hardware, portable computer equipment and additional electronic office equipment. There is also full theft cover and low policy excesses.

Terry Dyson, Commercial Director, HSB UK and Ireland, commented, “We’re proud to have been chosen to offer our computer product to BIBA members. As more employees work remotely, businesses face greater considerations around managing their computer equipment to avoid leaving themselves underinsured. As our specialist product provides comprehensive and flexible cover for computer-related risks, we relish the opportunity to build closer relationships with BIBA members to better support their customers through this scheme.”

The scheme is available to quote and bind via e-trade either on Acturis or HSB Fast Track.

BIBA members can also access a specialist claims handling team, optional covers and product training that can be provided by HSB.

 

For more information about the scheme, visit the website

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About HSB

HSB, part of Munich Re, is a leading specialist provider of engineering and technology insurance and inspection services.

Backed by over 150 years of innovation and covering a broad range of technologies and industry sectors, we help customers reduce risk through the provision of innovative construction, engineering, energy, and cyber insurance products.

Established in the U.S. in 1866, HSB’s founding principles of technical expertise and loss prevention remain at the forefront of the work we do today. Whether it’s engineering solutions for contractors, comprehensive machinery and technology insurance, innovative energy efficiency policies, or SME cyber risk covers, we have the knowledge to show customers how, working with HSB, they can stay ahead of emerging risks in a complex world.

With over 500 employees, and offices in Belfast, Birmingham, Dublin, Glasgow, London and Manchester, we provide insurance and engineering inspection services that touch almost every aspect of work and life.

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