Elpha Secure, Inc. (Elpha Secure (USA))

Elpha Secure Cyber Insurance

by Elpha Secure, Inc.
B2BA+MGABroker 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

24/7 Crisis Hotline
In-house cybersecurity experts 24/7 (via policy).