Elpha Secure Cyber Insurance
Elpha Secure Cyber Insurance is a cyber insurance product underwritten by Elpha Secure, Inc. (Elpha Secure (USA)), available in USA. It is aimed at small and medium-sized businesses and mid-market companies. Coverage limits reach up to Bespoke; SME and mid-market limits.. The policy extends beyond standard cyber liability with Cyber crime / FTF. Policyholders get 7 bundled proactive services — Vulnerability scanning, Threat intelligence, MDR / EDR and Risk assessment, among others — designed to reduce breach risk before a claim ever happens. The carrier holds an AM Best rating of A+ (Superior) – AM Best (AXIS Surplus Insurance Company); A+ (Superior) – AM Best (Everest Indemnity Insurance Company).. It is distributed through insurance brokers.
Product Details§ 01
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
Frequently asked questions§ 04
+Who is Elpha Secure Cyber Insurance designed for?
Elpha Secure Cyber Insurance by Elpha Secure, Inc. targets small and medium-sized businesses and mid-market companies in USA. Geographic scope: USA..
+What proactive security services are included with Elpha Secure Cyber Insurance?
The policy bundles 7 proactive services: Vulnerability scanning, Threat intelligence, MDR / EDR, Risk assessment, Incident response, Risk platform / portal and Pre-breach advisory. These preventive services are typically included in the premium.
+Does Elpha Secure Cyber Insurance help with NIS2 or DORA compliance?
Elpha Secure, Inc. indicates the following NIS2/DORA support for this product: Not applicable..
+How can I buy Elpha Secure Cyber Insurance in USA?
Elpha Secure Cyber Insurance is sold through insurance brokers — broker contact: https://www.elphasecure.com/brokers. Compare it with alternatives in USA on Ryskly before approaching a broker.