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Announcement – Hristo Minkov

We are very pleased to announce that Hristo Minkov has been made an Associate at Iridium. Hristo joined the Iridium team in the role of Risk Technician in 2010 and was promoted to Risk Advisor in 2012. Hristo works closely with a broad base of energy and technology clients including several large, multinational clients. He has proven himself to be an essential part of the Iridium team and plays a key role as a technical leader at Iridium.

Hristo received his Bachelor of Commerce, Risk Management: Insurance and Finance from the University of Calgary’s Haskayne School of Business in 2007. He completed his Canadian Risk Manager designation in 2008.

The Associate role at Iridium is reflective of an equity interest in the corporation and is awarded to those individuals who have made an outstanding contribution to the advancement of the company and have consistently demonstrated their commitment to Iridium’s core values. Please join us in congratulating Hristo!

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.

“Enerflex is a complicated global account and I have been extremely impressed with the way that the team at Iridium has been able to dissect and understand our risks to ensure our policies are appropriate for our organization. There are a number of touch points around the globe and the team at Iridium has seamlessly coordinated our program. I am extremely pleased with the risk management focus of Iridium and the results that their unique approach has brought to our company.”

—Jeremy Weatherhead
Treasurer,
Enerflex Ltd.

We had previously dealt with larger brokers exclusively, but in the past few years we were unhappy with the level of service we were receiving. Iridium routinely takes the time to meet with us to carefully review and address our evolving exposures. Iridium’s employees are very experienced and are well versed at explaining coverage nuances at an operational, executive and board level, which gives us confidence that we have appropriate insurance protection. Their knowledge of the marketplace is impressive, ensuring that we receive the most competitive terms available. With Iridium we believe that we receive excellent value and great service.

—Max Lof, MBA, CFA
Chief Financial Officer,
Surge Energy Inc.

Fraser Surrey Docks is undertaking significant changes to our operations and we were looking for an expert who would work with us to address our evolving risk needs. Iridium’s understanding of our objectives, understanding of our industry and their risk-based consultative process was exactly what we needed. Iridium is incredibly responsive and they have become an invaluable member of our risk management team. The benefits to Fraser Surrey Docks in engaging a dynamic firm like Iridium continue to emerge and we would recommend them as a risk management partner to any of our West Coast peers.

—Leonard Cox
Chief Financial Officer,
Fraser Surrey Docks

The team at Iridium handled our significant pollution liability claim like the consummate professionals we’ve come to know them as. We felt supported throughout the entire process and knew Iridium always had our back. Whether it be in dealings with insurers, adjusters or third party experts, they advocated for us every step of the way. We are very grateful for their level of involvement and the ultimate settlements along the way.

—Graydon Glans
Chief Financial Officer,
Highwood Oil Company Ltd.

Iridium conducted an in-depth review and analysis of our company’s operations and risk management processes. It was an incredible value-add to our business and gave us insights as to how we could make our insurance program more effective, in addition to enhancing our overall risk management process. The team at Iridium was knowledgeable, detail oriented, and timely in responding to all our requests and requirements. There is no doubt in my mind that Iridium’s expertise enabled us to achieve favorable terms on our renewal while also helping to simplify and clarify some of the coverages. Their ability to explain complex coverage considerations and policy wordings provided us with a strong confidence level with their recommendations. Overall, we are very satisfied with Iridium’s service, which we feel is tailored to our business and we are confident our risk management needs are being addressed by the team.

—Shaun Gawryliuk, Chief Financial Officer, Terracon Geotechnique Ltd.

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.

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