News

December 12, 2023

Cyber Liability | Market Update Q4 2023

WHAT TO EXPECT Steady rates due to ample capacity in the market, following tough market conditions and unprecedented price adjustments…

December 12, 2023

Directors & Officers Liability | Market Update Q4 2023

“Things are changing so fast. Boards cannot be asleep at the wheel. They must continually ask questions of the C-Suite….

December 3, 2023

Manufactures E&O Insurance

Consider this scenario: a customer asks your company to manufacture a part according to certain specifications, which were outlined in…

December 3, 2023

Key Takeaways from AXA’s Future Risks Report

AXA has released the findings of its annual Future Risks Survey, detailing the most significant emerging threats facing countries and…

November 5, 2023

Cybercriminals Are Weaponizing Artificial Intelligence

Artificial intelligence (AI) has become increasingly popular in recent years, offering functions that simulate human intelligence. While AI technology offers…

November 5, 2023

How to Spot AI Voice Scams

The advancement of artificial intelligence (AI) has created many opportunities for both individuals and organizations. But this technology may also…

October 25, 2023

General Liability Exposures Every Organization Should Know

Almost every organization faces commercial liability exposures. A commercial liability loss exposure is a condition or situation that presents the…

October 24, 2023

Deepfakes Explained

Deepfakes refer to sophisticated forgeries of an image, video or audio recording. Deepfakes have been around for years-you can even…

October 3, 2023

Understanding and Creating a Strong Risk Culture

Risks exist in every workplace, so it’s important for organizations of all types and sizes to know how to mitigate…

September 18, 2023

Leveraging AI in Employment Decisions: Balancing Benefits and Risk

Organizations are increasingly utilizing artificial intelligence (AI) in employment-related decisions. According to the Society for Human Resources Management, around 25%…

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.

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

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.

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.

Iridium took the time to meet with our rail logistics and tidewater terminal operating teams to learn about Sultran’s overall business activities and related risks. The Iridium team’s analysis of our risks was very comprehensive and resulted in the design and placement of an insurance program that vastly improved coverage of our identified risks. Their prompt service, knowledge of managing risks and attention to detail has been impressive and extremely helpful. Not only has Iridium talked the talk, they’ve walked the walk.

—Warren Barker
Director of Finance and Administration & Corporate Secretary,
Sultran Ltd.

We are very pleased with the expertise and service that we receive from Iridium. We take comfort that our representatives at Iridium have a current understanding of market conditions and combined with the investment they make in understanding our business and risks, we are highly confident that we are getting the best coverage and competitive premiums. The people at Iridium are very attentive and responsive to our needs. I would highly recommend them to anyone.

—C. Dean Setoguchi
Vice President & CFO,
Keyera Corp.

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