Short answer
HubSpot's KB: errors often come from servers that only allow certain IPs; IT must allowlist HubSpot's IPs. Some servers error with too many concurrent connections. Confirm the server meets HubSpot's IMAP requirements.
1. In HubSpot
The relevant screen in my demo portal.

2. Worth knowing
Share the exact error with IT.
3. Related
IMAP and SMTP settings and send-as errors.