Elpha Secure, Inc. (Elpha Secure (USA))
Elpha Secure Cyber Insurance
by Elpha Secure, Inc.
B2BA+MGA—Broker onlyUSAEnglish
Last updated 15.05.2026
Product Details§ 01
Max Insurance Limit
Bespoke; SME and mid-market limits.
Min Premium / Revenue
SME and mid-market; no published minimum premium.
Market Focus
SME, Mid-market
Coverage
Cyber crime / FTF
AM Best Rating
A+ (Superior) – AM Best (AXIS Surplus Insurance Company); A+ (Superior) – AM Best (Everest Indemnity Insurance Company).
MGA / Direct
Yes – MGA (AXIS Surplus + Everest Indemnity capacity).
Policy Language
English
NIS2 / DORA Support
Not applicable.
War Exclusion
War and nation-state cyber exclusion applied (LMA-aligned).
Geographic Scope
USA.
Broker Only
Yes
Advantages & Limitations§ 02
Advantages
- Elpha Secure: New York-based cyber MGA; founded 2018; $48.5M raised; AXIS Surplus Insurance Company and Everest Indemnity Insurance Company capacity.
- Nominated Cyber MGA of the Year — Zywave 2024 Cyber Risk Award.
- Integrated approach: proprietary all-in-one cybersecurity software + cyber insurance in one product.
- Real-time monitoring: continuous endpoint monitoring, network security, threat detection.
- Encrypted offsite backups: automatic backup for policyholder data.
- MFA for remote connections: enforced multi-factor authentication.
- SentinelOne partnership (Oct 2025): extended EDR/endpoint protection capabilities for policyholders.
- In-house cybersecurity and insurance team; adversary-focused underwriting; external scanning + below-the-perimeter internal visibility.
- Coverage: ransomware, data breach, business interruption, cyber extortion, FTF/social engineering, regulatory fines, network security liability.
- SME and mid-market focus; streamlined quoting via broker portal.
Limitations
- SME and mid-market focus.
- USA only (E&S via AXIS Surplus + Everest Indemnity).
- Broker-only distribution; wholesale and retail channels.
- Nation-state exclusions apply.
Contact & Response§ 03
Customer Contact
24/7 Crisis Hotline
In-house cybersecurity experts 24/7 (via policy).
Broker Contact