HSB Canada (Hartford Steam Boiler Inspection and Insurance Company of Canada) (Munich Re (Germany))
HSB CyberPro
by HSB Canada (Hartford Steam Boiler Inspection and Insurance Company of Canada)
B2BA++Direct—Broker onlyCanadaEnglish
Last updated 46143
Product Details§ 01
Max Insurance Limit
Bespoke; revenue up to CAD $2B.
Min Premium / Revenue
Revenue up to CAD $2B; all sizes; no published minimum.
Market Focus
SME, MID, LARGE
Coverage
Cyber crime / FTF
AM Best Rating
A++ (Superior) – AM Best
MGA / Direct
No – Direct insurer.
Policy Language
English / French
NIS2 / DORA Support
Not applicable.
War Exclusion
War and nation-state cyber exclusion applied (LMA-aligned).
Geographic Scope
Canada.
Broker Only
Yes
Advantages & Limitations§ 02
Advantages
- HSB Canada: part of Munich Re group; specialty insurer; among top 10 cyber insurers in North America; A++ (Superior) AM Best; 20 years' cyber experience.
- HSB CyberPro (Canada): comprehensive cyber insurance for Canadian businesses; revenues up to CAD $2B; launched October 2025.
- First-party coverages: cybercrime, business interruption, system failure, data restoration, event response costs, computer forensics, data recovery, crisis management.
- Third-party coverages: network security liability, privacy liability (regulatory fines), PCI fines and assessments, media liability (claim expenses and damages).
- Cyber Safety risk management platform (included): active monitoring for system and website vulnerabilities, access to cybersecurity and legal experts, ransomware prevention services, downloadable security policies, online assessment and training tools.
- Broad industry appetite: retail, hospitality, transportation, wholesale trade, construction, non-profit organisations; agile and customisable coverage.
- Dedicated cyber claims specialists; Google Cloud Protection endorsement available (coverage enhancements and up to 20% premium discount for Google Cloud customers sharing Cyber Insurance Hub report).
Limitations
- Revenue up to CAD $2B; all business sizes.
- Broker-only distribution Canada-wide.
- Canada domestic product (HSB Canada entity).
Contact & Response§ 03
Customer Contact
24/7 Crisis Hotline
Dedicated cyber claims specialists (HSB Canada); contact via broker.