Miller Insurance Group is offering stand-alone terrorism insurance in the wake of the US terrorist attacks.

The broker has created capacity for the product, after several underwriters have decided to exclude terrorism from their existing policies. It will include cover for business interruption and property and is underwritten at Lloyd's.

Director of Miller's special risks unit, John Eltham, said: “Our objective is to provide a simple and efficient insurance solution against the risks of terrorism. We offered a similar coverage product during the Gulf War.”