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AXIS and Elpha Secure Partners up to Deliver Cyber Security Software for Small Businesses

March 16, 2021 / Ankur Saini
SHARESHARESHARE

AXIS Insurance, the claim to fame protection business fragment of AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS), and Elpha Secure, a network safety organization worked for the protection business, today declared an essential association to give digital protection and programming assurance to small businesses to help improve their digital protection. Elpha Secure offers Elphaware, a Software as a Service (SaaS) application used to relieve the danger of regular digital dangers. Elphaware furnishes small and miniature businesses with the network safety instruments and securities that are normal in the present commercial center.

“Today’s small businesses have a need for efficient, effective solutions to manage their cyber risks,” said Dan Trueman, Global Head of Cyber and Technology at AXIS Insurance. “Cyber risk mitigation requires sound insurance solutions balanced with resolute cyber security for the resiliency of small businesses and for long-term stability. The Elpha Secure team are innovators, having brought critical cyber risk mitigation solutions to small enterprises and micro-sized businesses.”

Elphaware provides small business owners with a suite of cyber security tools that work alongside existing security measures in a single, simple installation. The software has five primary features:

• Secure, encrypted backups of critical data
• Multi-factor Authentication for remote access
• Ability to restore compromised systems in hours
• Creation of a Virtual Private Network (VPN)
• Insider threat and anomaly detection

Elphaware gives its clients major digital security from social designing and malware assaults, for example, ransomware, and empowers small businesses to recuperate rapidly in case of an occurrence.

“The entire Elpha Secure team is excited to work with AXIS,” said Preetam Dutta, Chief Executive Officer at Elpha Secure. “Together, we can help protect businesses from cyber criminals. We know cyber security is hard. Elpha Secure makes it easy."

About AXIS Capital

AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders' equity at December 31, 2020 of $5.3 billion and locations in Bermuda, the United States, Europe, Singapore and Canada. Its operating subsidiaries have been assigned a rating of "A+" ("Strong") by Standard & Poor's and "A" ("Excellent") by A.M. Best.

About Elpha Secure

Elpha Secure is a cybersecurity company built for the insurance industry. The group combines cybersecurity software with cyber insurance for businesses.