Unfortunately we live in a world full of hazards and disasters. Think fire, tornados, earthquakes, floods and crime. Property losses cost U.S. businesses billions of dollars each year. Even seemingly small losses can create huge challenges without proper insurance coverage. InfoTech and MedTech businesses have special needs and require special coverage. That is where OneBeacon Technology’s property insurance can help.

As with most other coverages, not all property policies are created equal. When choosing OneBeacon Technology, you can count on having an industry tailored coverage form.

Coverage features included in OneBeacon’s property policy:
  • Real property coverage: building, business personal property, outdoor signs
  • Business income and / or extra expense at both owned premises and non-owned locations (contingent business interruption)
  • Crime
  • Equipment breakdown coverage, including expediting expense, spoilage and business income
  • Property in transit and property at other locations
  • Bucket limits for accounts receivable, valuable papers, outdoor property, fine arts and many others
  • Backup of sewer and drains to policy limit
Additional options to consider:
  • Earth movement / earthquake coverage
  • Sprinkler leakage
  • Flood coverage
  • Utility power failure
  • International coverage

We can provide property solutions for all our target industries:

  • InfoTech
  • MedTech
  • Telecommunications
  • Electronic manufacturers
  • System developers and integrators
  • Instrument manufacturers

Safety Tip

Maximize The Service Life Of Your Electrical Distribution System

OneBeacon Technology & Hartford Steam Boiler offer suggestions and insights to help you achieve reliable and uninterrupted service of your electrical distribution system.

Safety Tip

Preventive Maintenance For Your Air Conditioning

Every year The Hartford Steam Boiler Inspection and Insurance Co. (HSB) investigates numerous air conditioning (A/C) unit failures. The primary reason for the majority of these failures is poor preventive maintenance prior to start up.

Safety Tip

Maintenance and Water Treatment for Your Process Boiler

Every year Hartford Steam Boiler investigates numerous boiler failures. The principal causes of boiler failures are overheating due to low-water level, scale deposits on the waterside surfaces, and corrosion. The main reasons for these failures are poor or non-existent water treatment and little or no preventive maintenance.

Safety Tip

Flood Recovery Action Steps

The following recommendations were prepared by The Hartford Steam Boiler Inspection and Insurance Company to assist persons in flood affected areas who own or operate equipment and machinery.

Safety Tip

Guidelines for Providing Surge Protection

When it comes to losses of electrical and electronic equipment, few events can match the destruction caused by surges (transients) and electrical noise. These phenomena are responsible for about 50 percent of most electronic equipment failures today—and that doesn’t even begin to take into account the latent damage or degradation to electrical equipment caused by surges.

Safety Tip

Preparing for Electrical Power Interruptions

A blackout is a momentary or prolonged loss of power. A blackout can result in lost or corrupted data, failures of process control equipment, and loss of products or services. A brownout is a significant voltage reduction which results in similar problems. Both of these conditions can be considered power interruptions or outages. A power interruption can happen for any number of reasons and at any time of the day or year. Planning for this event, which will happen sooner or later, is key. What can you do to prepare for a power interruption?

Safety Tip

Equipment Maintenance Checklist

This equipment checklist provides guidelines for inspecting, testing and maintaining critical equipment.

Safety Tip

Winter Weather Tips for Walkways and Parking Lots

Each year, pedestrians slip and fall on walkways or parking lots on ice and snow. If management fails to maintain sidewalks or parking lots, then claims are likely to follow. In general, walkways and parking lots are expected to be maintained in a reasonably safe condition (e.g., in good repair or free of snow, ice, and other materials). This checklist offers risk control issues to consider when inspecting existing sidewalks and parking lots for liability concerns.

Safety Tip

Cold Weather and Freeze Alert

OneBeacon Technology & Hartford Steam Boiler offer recommendations to prepare for the cold weather such as keeping your heating system operating, safeguarding business equipment and protecting your building.

Safety Tip

Maintaining Emergency and Standby Engine-Generator Sets

OneBeacon Technology & Hartford Steam Boiler recommend practices and programs to implement for maintaining emergency and standby engine-generator sets.