Mutual Boiler Re (MBRe) has established itself as a preeminent player in the field of equipment breakdown reinsurance, operating for over 140 years. Originally founded to provide protection against the risks associated with steam-powered boiler systems, MBRe has evolved into a comprehensive provider that supports a diverse range of industries across North America. With approximately 250 treaty partnerships, the company prides itself on its long-standing relationships and commitment to understanding the unique needs of its partners.
At the core of MBRe’s mission is a dedication to delivering innovative solutions and exceptional service. The company emphasizes partnership as a fundamental element of its operations, working closely with its partners to create tailored coverage that meets specific business needs. This collaborative approach not only fosters new business opportunities but also enhances customer retention for MBRe’s partners.
Financially robust, Mutual Boiler Re is backed by the FM Global Group, known for its superior financial strength and industry ratings, which include an A+ rating from AM Best. MBRe’s reputation is further solidified by its commitment to industry leadership, with its employees actively involved in various organizations geared toward shaping the insurance and reinsurance landscape.
In addition to its business operations, MBRe is deeply committed to community outreach, engaging in numerous charitable activities. The company's employee-driven initiatives, such as the Matching Gift Program and volunteer efforts at local food banks and shelters, highlight its commitment to corporate social responsibility.
Overall, Mutual Boiler Re stands out not only for its extensive experience and expertise in equipment breakdown reinsurance but also for its proactive approach to partnership, financial strength, industry influence, and community involvement.
