Elpha Secure

Elpha Secure

Insurance

New York, NY 3,763 followers

A cyber MGA serving small and midsize businesses with proprietary cybersecurity technology and full insurance coverage.

About us

Elpha Secure is a cyber insurance MGA serving small and midsize businesses across a range of industries. Embedding proprietary cybersecurity technology within each cyber insurance policy, we advance the conventional cyber insurance model by reducing risk for businesses with the right security software, qualifying them for full cyber coverage, and providing that coverage, all at once. Built upon a belief that all business owners should have access to the tools they need to function safely in the digital age, we’ve designed our cyber product to help SMBs defend against cyber incidents ranging from insider threats to ransomware attacks. We work with leading brokers to produce customized quotes in minutes and bind policies online. Insureds can activate their coverage and arm their systems in seconds with our single-click software installer. Our full suite of cybersecurity software is developed and supported in-house and validated by a leading third-party security provider, while our comprehensive cyber insurance coverage is backed by an AM Best A rated carrier and supplemented by a hand-picked team of incident response professionals. Elpha Secure is supported by leaders in the insurance space, including Stone Point Ventures, AXIS Capital, State Farm Ventures, The Hartford, Fermat Capital Management, and EOS Venture Partners.

Website
https://www.elphasecure.com/
Industry
Insurance
Company size
11-50 employees
Headquarters
New York, NY
Type
Privately Held
Founded
2018
Specialties
Cybersecurity and Cyber Insurance

Locations

Employees at Elpha Secure

Updates

  • View organization page for Elpha Secure, graphic

    3,763 followers

    We are thrilled to announce that Elpha Secure is now available on the Amwins IQ platform. This collaboration allows us to expand our exclusive wholesale distribution reach while providing cutting-edge cyber insurance solutions to small and medium sized enterprises. Elpha's innovative offerings ensure superior protection and peace of mind. Explore the advanced capabilities of Elpha Secure today on Amwins IQ.

    • No alternative text description for this image
  • Elpha Secure reposted this

    View organization page for Intelligent Insurer, graphic

    44,049 followers

    AXIS (AXIS Capital) has expanded its partnership with SME-focused cyber insurtech MGA, Elpha Secure, to enhance US coverage. They will now direct new standalone cyber business submissions for policyholders with up to $100 million in revenue to Elpha via wholesale brokers. Lori Bailey, head of global cyber & technology at AXIS, said: “Delivering cyber coverage through Elpha’s established, secure digital distribution platform will benefit both customers and AXIS.” Read more on the partnership here: https://ow.ly/myUX50SrBnt

    AXIS expands capacity deal with SME cyber insurtech MGA in US

    AXIS expands capacity deal with SME cyber insurtech MGA in US

    intelligentinsurer.com

  • View organization page for Elpha Secure, graphic

    3,763 followers

    As we gear up to celebrate Independence Day, it’s important to remember that cyber threats don’t take holidays. At Elpha Secure, we’re committed to helping you stay protected. Here are some important reminders: Beware of Phishing Scams: Be cautious of emails and messages offering holiday deals or urgent requests. Verify the sender before clicking on any links. Use Strong Passwords: Protect your accounts with unique, complex passwords. Consider using a password manager for added security. Enable Multi-Factor Authentication (MFA): Add an extra layer of security to your accounts by enabling MFA wherever possible Update Your Software: Keep your devices and applications updated with the latest security patches Let’s make this Fourth of July a celebration of freedom and a reminder to protect our digital independence from cyber criminals. Stay safe and enjoy the holiday! 🇺🇸

    • No alternative text description for this image
  • Elpha Secure reposted this

    View organization page for Elpha Secure, graphic

    3,763 followers

    Elpha Secure is honored to expand our partnership with AXIS (AXIS Capital), a collaboration that underscores our shared commitment to innovation and excellence in cyber insurance. By integrating AXIS' small business cyber portfolio, we are not only enhancing the product offering but also significantly improving the cyber resilience of small businesses. This transition is a testament to the strength of our relationship with AXIS, and we are excited to deliver superior protection and peace of mind to our collective customers.  Additionally, Elpha's digital distribution offers unparalleled efficiency, accessibility, and scalability. It enables brokers to easily obtain coverage tailored to their client's needs while allowing insurers to streamline operations, reduce costs, and rapidly adapt to market changes. This innovation transforms the insurance experience, making it more convenient and responsive for all stakeholders.

  • View organization page for Elpha Secure, graphic

    3,763 followers

    Elpha Secure is honored to expand our partnership with AXIS (AXIS Capital), a collaboration that underscores our shared commitment to innovation and excellence in cyber insurance. By integrating AXIS' small business cyber portfolio, we are not only enhancing the product offering but also significantly improving the cyber resilience of small businesses. This transition is a testament to the strength of our relationship with AXIS, and we are excited to deliver superior protection and peace of mind to our collective customers.  Additionally, Elpha's digital distribution offers unparalleled efficiency, accessibility, and scalability. It enables brokers to easily obtain coverage tailored to their client's needs while allowing insurers to streamline operations, reduce costs, and rapidly adapt to market changes. This innovation transforms the insurance experience, making it more convenient and responsive for all stakeholders.

  • Elpha Secure reposted this

    View profile for Rueben Medina, graphic

    Head of Security at Elpha Secure

    Let's get ahead of the panic for CVE-2024-30078. It's a nasty Windows vulnerability that allows an attacker to perform remote code execution over Wifi, and yes, that is incredibly bad. This is why you shouldn't panic: - There is currently no known POC (proof of concept) out there for hackers to know how this attack works. - This attack has not been observed in the wild. - The vulnerability requires physical proximity to an attacker. - This vulnerability was patched in the June 11th Microsoft "Patch Tuesday" so unless you have turned off automatic updates in Windows or you haven't rebooted since then, you should already be patched. - If you're concerned about whether or not you've patched you can manually intitate an update by doing this: For Windows 10 or 11, go to Settings > Update & Security > Windows Update and click “Check for updates”. There's no reason to buy into the usual security doom and gloom here, just make sure your Windows updates are current, keep calm, and carry on.

    • No alternative text description for this image
  • Elpha Secure reposted this

    View profile for Josh MacDonald, graphic

    CUO at Elpha Secure

    The polls are still open and a few days left to vote for Elpha Secure as Cyber MGA of the Year for the Zywave Cyber Awards. A vote for Elpha is a vote for innovation and pioneering MDR as a control to not only reduce attritional losses but manage systemic risk and increase transparency between underwriter and insured. It is no coincidence (but it is humbling) to see many of our competitors rolling out MDR solutions to their clients and I'm proud that Elpha had the vision and gumption to be the first. See you all at Gotham Hall soon! https://lnkd.in/ezCaQ-ph

    2024 Award Categories - Final Slate - Zywave Cyber Risk Awards 2024

    zywave.cventevents.com

  • View organization page for Elpha Secure, graphic

    3,763 followers

    Want to learn more about the role of Forensic Accountants during a Cyber Claim? Elpha Secure is excited to be hosting a webinar on April 22, 2024, at 2 pm EST entitled: Cyber Claims Anatomy Webinar: Role of Forensic Accountant with special guests Jessica Eldridge of J.S. Held LLC, Daniel Devine, CPA, CFF, and Monika Perez, CPA, CFE of Lowers Forensics International. To register for the webinar, please sign up at the link below: https://lnkd.in/gEB9ZGkH

    • No alternative text description for this image
  • Elpha Secure reposted this

    View organization page for Insurtech Insights, graphic

    118,219 followers

    Experience the future of cyber insurance firsthand with Gordon Malin, President & COO at Elpha Secure, at Insurtech Insights USA 2024! In his session titled "Entity Unknown: The Future of Cyber Insurance," Gordon will share insights derived from his extensive experience as an insurance-only investor. With nearly two decades of expertise gained from prominent firms like Point72 and Citadel, Gordon possesses a deep understanding of the insurance landscape and its evolving challenges. Join Gordon as he unveils an innovative embedded cyber insurance solution, designed to address the escalating and widespread risks faced by organizations today. Don't miss this opportunity to gain valuable insights into the future of cyber insurance and discover how Gordon is reshaping the industry narrative. Secure your spot now for Insurtech Insights USA 2024: https://lnkd.in/grN-cXn #ITI2024 #ITIUSA2024 #InsurtechInsights #Insurance #Insurtech #CyberInsurance #Cybersecurity

    • No alternative text description for this image

Similar pages

Browse jobs

Funding

Elpha Secure 1 total round

Last Round

Series A

US$ 20.0M

See more info on crunchbase