Product Family

Machinery Breakdown Insurance

Our Machinery Breakdown underwriters and risk engineers think like plant managers. We work with you to help ensure that your machinery is reliable and that effective contingency plans are in place.

Risk Consulting

Risk consultants providing comprehensive risk management solutions based on an understanding of client business priorities and goals.

Learn More


  • Expanded definition of covered property includes accounts receivable and transportable off-site equipment
  • Broadened contingent business income coverage premises include attraction properties as well as suppliers/customers

  • Utility interruption services expanded to include internet access, wide area networks and data transmission
  • Claims preparation costs related to professionals hired in the certification of your claim are covered
  • Broadened perishable goods coverage including control of damaged property
  • System installation coverage for newly installed equipment or equipment in the course of construction

Improved conditions

  • Repair or replacement valuation includes additional costs associated with environmental, efficiency or safety enhancements—up to 150%
  • Restoration period begins at the time the breakdown occurred; no penalties for late reporting
  • Property damage deductible waiver option available

Elimination of restrictions

  • No restrictions for covered machinery that suffers a breakdown while undergoing a pressure or electrical test
  • No utility interruption waiting period applied to perishable goods losses
  • No exclusion for excavation of piping, vessels and cable enclosed in conduit

Benefits and Services

Risk control and equipment inspection services: We use a national database to manage jurisdictional work assignments as well as real-time reporting to ensure that your business is legally compliant. Our Risk Control and Prevention Services can help you identify and reduce your equipment and production losses. We offer:

  • Critical equipment reliability assessments
  • Infrared inspections
  • Oil analyses
  • Vibration monitoring
  • Ultrasound inspections
  • Custom designed inspection and safety programs

Experienced claims team: With over 30 years’ experience, our machinery breakdown claims professionals have the industry knowledge that you can trust and are ready to help. Through our global claims management system, we make it easy to submit and track your claims. We provide:

  • Skillful handling of complex claims
  • Teams that specialize in specific coverages
  • Ability to work seamlessly with third party claims adjusters
  • Claims specialists who are accessible 24 hours a day/7 days a week

Client Profiles

We have a broad risk appetite with underwriting and engineering expertise extending across a wide variety of occupancies including:

  • Municipalities, including water and waste water treatment
  • Food processing, cold storage and controlled atmosphere
  • Manufacturing risks (including pulp & paper, cement, steel and sugar)
  • Chemicals and pharmaceuticals
  • Sawmills and woodworking
  • Greenhouses, Fruit and vegetable packing
  • Animal production
  • Real estate, hotels/motels, apartments
  • Technology risks

Product Availability

Geographical coverage is for informational purposes only. Product and service offers can vary based on location, industry, risk profile and unique business needs.

The information contained herein is intended for informational purposes only. It’s is neither an offer to sell nor a solicitation to purchase any particular insurance product. Insurance coverage in any particular case will depend upon the type of policy in effect, the terms, conditions and exclusions in any such policy, and the facts of each unique situation. No representation is made that any specific insurance coverage would apply in the circumstances outlined herein. Please refer to the individual policy wordings for specific coverage details. AXA XL is a division of AXA Group providing products and services through three business groups: AXA XL Insurance, AXA XL Reinsurance and AXA XL Risk Consulting. Not all of the insurers do business in all jurisdictions nor is coverage available in all jurisdictions.

US- and Canada-Issued Insurance Policies. In the US, the AXA XL insurance companies are: AXA Insurance Company, Catlin Insurance Company, Inc., Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company and T.H.E. Insurance Company. In Canada, coverages are underwritten by XL Specialty Insurance Company - Canadian Branch and AXA Insurance Company - Canadian branch. Coverages may also be underwritten by Lloyd’s Syndicate #2003. Coverages underwritten by Lloyd’s Syndicate #2003 are placed on behalf of the member of Syndicate #2003 by Catlin Canada Inc. Lloyd’s ratings are independent of AXA Group.

Talk with us

We can match you with the perfect person for your specific needs.
Enter your First Name
Enter your Last Name
Enter your valid Email ID
Select your country
Select What best describes you