News

September 8, 2017

Our Latest Client Survey Results!

Each year we ask clients to complete a short survey to help us measure how satisfied they are with…

February 17, 2017

Announcement – Hristo Minkov

We are very pleased to announce that Hristo Minkov has been made an Associate at Iridium. Hristo joined the Iridium…

December 19, 2016

Cyber Security: An Evolving Exposure for the Energy Sector

Iridium was pleased to host more than 50 guests at a seminar entitled “Cyber Security: An Evolving Exposure for the…

December 16, 2016

Warm Feet for the Street

Members from TEC Canada participated in the Mustard Seed’s Warm Feet for the Street project stuffing socks with hygiene products…

November 23, 2016

Course of Construction Insurance vs. Operational Insurance

By: Brent Blasetti What and When? When evaluating risks associated with the construction of a new facility, or the…

November 16, 2016

Mergers and Acquisitions – Representations and Warranty Insurance Policies

By: Geoff Cowling The ability to insure risks associated with the acquisition or divestiture of an entity or its…

September 27, 2016

Pipeline Safety Act: Risk and Insurance Issues

By Andrew Braker In response to several high profile and significant pipeline failures, Bill C-46 was introduced to more…

September 22, 2016

Announcement – Hugh Patterson

We are very pleased to announce the promotion of Hugh Patterson to the role of Risk Advisor at Iridium….

June 21, 2016

Iridium’s New Ongoing Commitment to the Calgary Drop In Centre

Iridium staff had the opportunity to volunteer at the Drop-In Centre in downtown Calgary, serving lunch to Calgary’s less fortunate…

June 17, 2016

Net Promoter Score

Each year we ask our clients to complete a short survey to help us measure how well we are meeting…

Iridium’s unique approach and in depth understanding for our business made for a thorough and seamless insurance placement. We can always rely on their guidance and exceptionally prompt responses. Iridium’s knowledge and strong service focus gives us confidence in knowing the job will get done right!

—Dave Hawkins, CA
Chief Executive Officer,
Groundforce geoDrilling Solutions Inc.

Over the many years that we have worked with Iridium they have continuously impressed us with their energy industry expertise, broad insurance market penetration and unfailing enthusiasm. We are particularly pleased with Iridium’s inventive attitude and strong relationships within the insurance industry which have resulted in the quick and above expected closure of several complex claims. Iridium has proven to be an important value adding partner to our organization and we look forward to a continued relationship in the future.

—Michael Makinson, CA
VP Finance & CFO,
Strathcona Resources Ltd.

We have an expectation at Enerplus for accuracy and timely service. We also require our Broker have legal & policy expertise and the technical resources to enable us to fully manage our portfolio of risk exposures. Iridium has not only delivered and exceeded our expectations in each category, they have also shown a commitment to my team and to our organization that goes far beyond the standard scope of services.

—Marley Drainville
Manager Risk Management,
Enerplus

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.

Iridium earned our business through their fresh, consultative approach to helping us manage the risks faced by our business every day. Iridium was able to identify gaps in our insurance and risk management program and bring innovative, thoughtful solutions to the table while being cost conscious through the process. Iridium is indispensable to any oil and gas producer as their availability and expertise in risk management and insurance has us deem them as a partner versus a service provider.

—Craig W. Albert CGA
Controller,
Zargon Oil & Gas 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.

The team at Iridium is professional, approachable and knowledgeable. Prior to the sale of our business, insurance was managed by an internal risk management corporate group. Iridium was engaged to establish insurance coverage within a short period of time for the standalone business. Iridium was intimately involved in proposing solutions to mitigate risk and brought significant cost savings to our business. Iridium is a true risk partner for our business; providing education and training, expert contract review and risk assessments, along with a strong understanding of our company’s exposures and insurance coverage.

—Wes Morningstar
Chief Executive Officer and Director,
Canlin Energy Corporation.

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