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Iridium Risk Services names Berto Di Manno President and CEO

Iridium Risk Services is pleased to announce Berto Di Manno as President and CEO effective immediately, as Roger Swierstra moves into the role of Chairman.

This move follows the May 1st announcement of Berto as President of Iridium and marks the next step of Iridium’s succession plan. Berto has been with Iridium for more than 12 years and has helped build the firm into the premier provider of risk management and insurance services to the oil & gas sector in Calgary.

“I have every confidence that Berto and the Leadership Team have the capability, experience and passion necessary to take Iridium to the next level in its evolution,” said founding member of Iridium, Roger Swierstra. “I look forward to my role as Chairman continuing to assist and support the Iridium Leadership team”.

Berto has a Bachelor of Commerce from the University of Calgary and holds the Canadian Accredited Insurance Broker (CAIB) and Canadian Risk Manager (CRM) designations. He has also completed the Canadian Securities Course.

“I am excited to take on the CEO role and privileged to have worked alongside Roger for so many years”, said Di Manno. “We built a company that truly puts the client at the center of everything we do and we strive to continue to build on our success.”

Iridium Risk Services joined Navacord as a Broker Partner in 2015. Iridium specializes in providing best-in-class risk management and insurance advice to companies operating in the energy, manufacturing and cannabis sectors.

We were impressed with the depth of research and analysis Iridium preformed in determining our operational exposures and regulatory insurance requirements. Iridium developed and executed an intelligent marketing strategy which resulted in a competitively priced insurance program that reflected our exposure needs. We now consider them to be our partner in risk management.

—Bruce Sherley
P.Eng, President,
Dundee Oil and Gas Ltd.

When TransCanada Turbines aligned our business with Iridium, you were dealing with a group of TCT people with very limited exposure to the Risk/Insurance industry. Your ability to articulate insurance matters and jargon into clear terms enabled us to feel comfortable with all of our insurance and contractual decisions. Your team’s willingness to support our business for everything from education and transformational activities to our frequent questions regarding our transactional business dealing has been over the top. We will tell you that TransCanada Turbines would not hesitate to recommend Iridium to anyone. Your team service is excellent, your approach is transparent and your willingness to help is tireless. We look forward to a long and symbiotic relationship with the entire Iridium Team. Well done!

—Tim Wilcox
Vice President,
TransCanada Turbines

Iridium’s energy industry knowledge, technical expertise, and meticulous attention to detail gives us the confidence that our exposures are properly managed. The people at Iridium are true risk management and insurance professionals and I would strongly recommend their services to any firm operating in our industry.

—Scott Kirker
Secretary and General Counsel,
Tourmaline Oil Corp.

The team at Iridium understands our business and works tirelessly to get us the best coverage possible at the best rates possible. We appreciate that they stay connected to Seven Generations Energy throughout the year and provide consistently excellent customer service. We are thrilled to have Iridium as a valued partner in risk management.

—Kevin Johnston, CA
Vice President, Accounting & Controller,
Seven Generations Energy Ltd.

Iridium’s knowledge of the international energy sector and our specific business strategy allows us to efficiently develop and continually manage our international operational risk profile. We can always count on the Iridium team to react promptly and professionally to any request, from minor insurance queries to exposure identification. Our experience with Iridium as a risk management partner has been positive and we look forward to our continuing working relationship in the future.

—Scott Budau CA
Chief Financial Officer,
Touchstone Exploration Inc.

I have to say that I am one happy customer. Iridium and NMB have delivered significant value to WesternZagros with the insurance policies that we have had in the past and the support with the claim, and now with a very competitive quote for insurance going forward. I pass on the gratitude of our entire executive team for this support, as I have to say that without your assistance I do not believe we would have achieved the success we have had recently at Sarqala.

—Greg Stevenson
Chief Financial Officer,
WesternZagros Resources Ltd.

We engaged Iridium as Crescent Point’s risk management and insurance partner because they encouraged us to take a big-picture view on risk. Their collaborative and analytical approach enabled us to gain a better handle of our exposures and allowed us to put rigour around our many risk-improvement initiatives. Iridium impresses our team with their ability to develop intelligent risk solutions and they have more than delivered on their promise to be our strongest claims advocate. Without question, I would recommend Iridium as a risk management partner to anyone.

—Steve Downing
Manager. Risk and Treasury,
Crescent Point Energy Corp.

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