Hiscox is to offer commercial terrorism cover in Canada following the launch of INScribe, its broker extranet system.
INScribe will offer cover of up to US$25m (£15m) per building on risks across North America.
Other elements of the cover include a single policy for both US and Canadian assets, acts of domestic terrorism by special interest groups covered, zero physical damage deductible, seven day business interruption deductible, and physical damage and business interruption insurance offered as a separate or combined policy.
The extranet system gives brokers instant access to capacity and quotes for cover, said Hiscox.
Robert Childs, director of underwriting at Hiscox, said companies were recognising that they did not have to be the target of terrorist attacks to suffer damage, loss and interruption to their business.
Hiscox said it had seen increased demand in Canada for cover against terrorist risks.
