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Boiler and Machinery Insurance

processing machines
Insuring essential machinery

Equipment cover ensures your business is well protected against breakdowns 

Many firms rely on fully functioning machinery, yet it’s often excluded from property all-risks insurance policies – so we offer supremely reliable cover for your business-critical equipment. Our experienced underwriters and specialist engineers have ensured that Chubb boiler and machinery insurance will protect the gear driving your operations. 

Risks we insure

Chubb protection for factories, offices, hotels and power plants

Physical breakdown of machinery and equipment
When key items of machinery stop working, it’s a major business interruption for manufacturing companies. This cover is often excluded from property all-risks insurance policies

Boiler explosion
A factory boiler explosion might wreck the boiler but could also damage the manufacturing firm’s premises as well as surrounding third-party property – with huge material, financial and liability loss. This protection is also frequently excluded from property insurance plans

Power supply interruption
The breakdown or explosion of power-generating machinery will mean income loss for an energy company, but could also threaten electricity supplies to homes and businesses in the surrounding area

Air conditioning failure
The failure or malfunction of the air conditioning system in an office may make it too hot (or cold) for a company to stay open

Lifts breaking down
In large multistorey office buildings and hotels, lifts breaking down could rapidly bring the business to a halt

Products & Services
Products & Services

Chubb’s machinery insurance products keep all your business equipment covered

Boiler and Machinery Breakdown

Provides protection for plant and operational failures, including boiler explosion and property damaged by it. Covers all types of equipment – from manufacturing machinery to lifts. 

Operational Power

Power plants receive all-risks breakdown cover for traditional energy generation, and renewable and alternative sources, including biogas, solar, wind and hydroelectric.

Business Computer Insurance

You’re protected for computer breakdown, physical damage to devices and data reinstatement. There is extended cover for data recovery after a virus, and research and development costs.

Contractors' Plant and Equipment

The policy helps contractors cover the cost of replacing equipment, including drilling rigs, bulldozers and other earthmoving machines, tools and parts due to damage or theft.

Renewables and Alternative Energy

This offers all-risks cover to builders, owners and operators of renewable and alternative power generating plants and businesses, including wind, solar, hydroelectric and biomass.

Biogas and Solar Package

This covers the construction and operation of anaerobic digestion plants and photovoltaic solar facilities. The policy includes environmental liability, biodiversity damage and odour claims.

Why Chubb?
Why Chubb?

We’re boiler and machinery insurance specialists – and we care about your company

Whether your business is big or small, takes you around the world or just around town, Chubb is there for you. Our breadth of experience in boiler and machinery insurance means we can provide the guidance and service you need, whenever you need it, wherever you may be. 

Partnership that’s personal 
We work to understand your business and where you’re heading so we can be proactive about meeting your needs. We invest in getting to know you, your team and your customers. The goal: to help you see ahead, be ahead and stay ahead.


Creative problem-solving
Insurance isn’t one-size-fits-all – and neither is our approach. Our playbook is always evolving because we’re always helping clients avoid risk in smarter ways. That means we bring the latest thinking and a fresh perspective to solving your challenges.


Unmatched expertise and financial strength
We’ve served clients and partnered with leading organisations for more than 200 years. Our longevity, expertise and financial strength are the bedrock of our business.



Because your all-risks policy may exclude cover for machine failure, due to a part breaking, or a boiler explosion. If you’re a manufacturer or power company, these are business-critical losses with potentially huge implications. Also, breakdown of a key machine can harm your business if production is stopped or delayed. Our boiler and machinery insurance safeguards your company against these eventualities. Chubb offers the financial ability to pay large losses that some businesses couldn’t afford to fix without insurance; this is especially important in an age when business runs increasingly on a ‘just in time’ basis, and companies may not have spare parts to replace or repair damaged equipment quickly.

A lot more than you might think. You’re protected for breaking or burning out of any part of the machinery due to mechanical or electrical defects. But you’re also covered for failure or fluctuation of electricity supply; damage caused by the error or omission of operators; and any fracturing of equipment by frost that makes machinery inoperative.

It’s much better value than other types of breakdown insurance. For example, with policies on household goods like washing machines, televisions or computers, the breakdown premium may be as much as 10% to 15% of the value of the item. Commercial breakdown insurance on machinery is often available for much less than 1% of the value of the equipment. 


Talk to one of our experts

London contact:

Kevin Lutz
Technical Lines Manager, UK&I


UK&I regional contact:

Tom Finnegan
Regional Technical Lines Manager, UK&I