15 March 2021Actuarial & underwriting

AXIS and Elpha Secure unveil cyber collaboration for small businesses

AXIS Insurance is partnering with Elpha Secure, a cyber security company built for the insurance industry, to provide cyber insurance and software protection for small businesses.

Elpha Secure’s Elphaware application provides cyber security tools and protections designed specifically for small and micro businesses, including encrypted backups of critical data, insider threat and anomaly detection and multi-factor authentication for remote access. It also allows users to restore compromised systems within hours and creates a virtual private network (VPN).

Dan Trueman, global head of cyber and technology at AXIS Insurance, said: “The Elpha Secure team are innovators, having brought critical cyber risk mitigation solutions to small enterprises and micro-sized businesses.”