PEMBROKE, Bermuda June 27, 2024 – AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or the “Company”) (NYSE: AXS) today announced the expansion of its partnership with Elpha Secure, which initially commenced in 2021, when AXIS became both an investor in and a capacity provider for the company.
“In extending our partnership with Elpha Secure, we are ensuring cyber customers in the US get high-quality coverage, with embedded cyber security solutions that will improve their risk profiles and mitigate their exposure to cyber risk,” said Lori Bailey, Head of Global Cyber & Technology at AXIS. “Delivering cyber coverage through Elpha’s established, secure digital distribution platform will benefit both customers and AXIS.”
With effect from July 1, 2024, new standalone cyber business submissions for prospective policyholders with revenue up to $100 million will be directed via wholesale broker partners to Elpha.
