HUB International vs Newfront Equipment Breakdown Insurance

HUB brokers boiler and machinery (equipment breakdown) insurance, available as a standalone monoline policy or embedded within a client's property policy, rather than underwriting the coverage itself. ⁴Company-reported. Boiler and machinery product page, read 2026-09-23. The page does not name an issuing insurer.

Newfront's property practice offers equipment-breakdown solutions as one of the risks it names on its property page. It brokers and negotiates placement rather than underwriting the risk itself. ⁹Company-reported. Property offering page hero statement, which names equipment breakdown alongside natural disaster and supply-chain risk.

No insurer is named for equipment breakdown coverage on the product page; the carrier depends on the placement. ⁴Not found in reviewed sources. Checked the boiler and machinery product page on 2026-09-23.

The reviewed property page does not name the insurer or insurers that would issue an equipment-breakdown policy placed through Newfront. ⁹Not publicly disclosed. Property page as read on 2026-09-23; carrier depends on the specific placement.

HUB targets this coverage at manufacturing companies running equipment that must operate continuously, businesses that process goods using electrical, mechanical, heating or refrigeration equipment at scale, and small businesses protecting equipment such as air conditioners, computers, refrigerators and ovens. ⁴Company-reported. Product-page target-market description; not a published underwriting appetite.

Not described in the reviewed sources.

HUB says the coverage it arranges pays the costs to repair or replace equipment damaged by a sudden, unforeseen breakdown, losses from the resulting downtime, and other property damage caused by the malfunctioning equipment, and lists manufacturing equipment (boilers, generators, engines, HVAC systems, transformers) and office equipment (elevators, computers, copiers, security systems) as typical covered items. ⁴Company-reported. Product-page coverage description; the issued policy's definitions and exclusions control an actual claim.

HUB describes three coverage options for equipment breakdown: basic, broad, and consequential-damage coverage for losses resulting from equipment failure, plus an Extra Expense component that covers costs to keep operating during a breakdown but excludes loss of income unless combined with business income coverage. ⁴Company-reported. Product-page coverage-tier description.

Newfront's property page names equipment breakdown as a risk it addresses in its opening statement, but its itemized Key Coverages list for property (All-Risks, business interruption, flood, windstorm/earthquake, wildfire, terrorism, cargo stock throughput) does not include a separate equipment-breakdown line item or describe covered equipment types. ⁹Company-reported. Property page as read on 2026-09-23; the mention is introductory rather than a detailed coverage description.

Published policy limits or retentions for equipment breakdown coverage were not found on the product page. ⁴Not publicly disclosed. Checked the boiler and machinery product page on 2026-09-23; limits are set on the quote and declarations.

The reviewed property page does not publish limits, deductibles or retentions for equipment-breakdown coverage. ⁹Not publicly disclosed. Property page as read on 2026-09-23.

The boiler and machinery product page does not describe engineering inspections or other line-specific risk-control services. ⁴Not found in reviewed sources. Checked the boiler and machinery product page on 2026-09-23.

Newfront says its property placements are paired with in-house risk engineers for loss control, intended to maximize the return on a client's risk-improvement capital, which could apply to equipment-related risk. ⁹Company-reported. Loss Control & Claims Advocacy section; described property-wide, not specific to equipment breakdown.

HUB directs prospects to "contact a HUB broker to get started" rather than an online quote or bind flow. ⁴Company-reported. Product-page call to action.

You start an equipment-breakdown placement by requesting a consultation through Newfront's property page. ⁹Company-reported. Property page call-to-action; no online quoting or binding described.

Not described in the reviewed sources.

The reviewed property page does not describe an equipment-breakdown-specific claims process separate from its general property claims-advocacy and coverage-negotiation support. ⁹Not found in reviewed sources. Property page as read on 2026-09-23.