Ridge Canada Cyber Solutions (RCCS) and cybersecurity company Agiligcus have formed a new partnership to help Canadian small to mid-sized businesses qualify for and obtain cybersecurity insurance.

Agilicus’ AnyX platform can provide organizations with safeguards such as multi-factor authentication, privilege access, and enhanced auditing, allowing them to enhance their cyber posture to meet insurance criteria.

“We are thrilled to partner with Ridge Canada to help SMBs who are scrambling to implement security controls, including multi-factor authentication and privileged access management for their cyber insurance,” said Agilicus chief strategy officer Angelo Compagnoni. “Canadian businesses can implement Agilicus within hours without making changes to their network environment and without needing any client software for their users. They not only meet insurance requirements, but they also have added protection against the financial and reputational loss associated with a cyber breach.”

“We are excited to be working with Agilicus, a Canadian solutions provider, to collectively focus on securing Canadian SMBs on their path to risk transfer,” added RCCS president and CEO Greg Markell. “The insurance requirement for multi-factor authentication on remote access is table stakes, and in terms of underwriting, we are excited about the access this provides to our broker partners, and their clients.”

Markell added that businesses can implement Agilicus with an RCCS preferred rate and become insurable within a tight deadline to qualify for a new or renew a cyber policy.

Read more: Cybersecurity company CyberCatch partners with Ridge Canada

Ridge Canada entered a similar partnership with another cybersecurity company, CyberCatch, in August. Much like the Agilicus arrangement, Ridge Canada’s small and medium business clients will receive a discount when they sign up for CyberCatch’s compliance solution.