HSB (Hartford Steam Boiler) is a leading provider of equipment breakdown insurance and related inspection services. Founded in 1866, the company has a rich history of innovation in risk management, focusing on the prevention of mechanical and electrical failures. HSB generates revenue through underwriting insurance policies, offering engineering consulting, and providing IoT solutions to improve operational efficiency and safety. As a subsidiary of Munich Re, one of the world's largest reinsurance companies, HSB leverages extensive expertise and resources to serve a global client base.