TruShield Insurance has partnered with digital payments giant Visa.
In its announcement, the small business insurance provider said in a release: “The collaboration gives eligible Visa business cardholders access to TruShield’s commercial insurance policies at a preferred rate and aims to help ensure their customers are more aware of cybersecurity threats and protected against them.”
According to a 2022 study conducted by TruShield with Leger, 46% of the 400 Canadian small businesses that were polled believed they faced little to no cybersecurity risks.
Sarah Steele, Visa Commercial Solutions senior director, commented: “Small businesses are the cornerstone of our economy. At Visa, we are passionate about creating solutions that help them focus on doing what they love – which is growing their business.
“We look forward to working with TruShield to provide owners with expanded services and resources that enable them to protect their business and thrive.”
TruShield vice president Craig Hopkinson added: “We’re excited to launch our new collaboration with Visa to help protect more small businesses across the country. Having comprehensive business insurance with adequate cyber coverage can provide entrepreneurs with some much-needed peace of mind.”
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