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The Scottish Boiler and General Insurance Company was incorporated on September 16 1881 as The Scottish Boiler Insurance and Engine Inspection Company Ltd. In August 1913, the company became a subsidiary of the Yorkshire Insurance Company Ltd, which was acquired by the Accident Fire and Life Assurance Corporation Ltd in 1967.

The company was established by John Drummond Young to

"insure boilers against explosion or collapse, the testing of new boilers by hydraulic pressure, the superintendence of the erection of new engines, and the repairs of those in use".

Its first claim was paid to Henry Kennedy of Barrowfield Pottery in 1882.

On March 1 1920, the company's name was changed to the Scottish Boiler and General Insurance Company Ltd and, by 1968, it was operating the group engineering business for the Yorkshire. It would later fulfil the same role for General Accident.

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