Author: jgwynne

November 30, 2024

Alberta Auto Insurance Update

On November 21, 2024 the Alberta Government announced automobile insurance reform in response to some challenges the industry has been…

November 7, 2024

Account Administrator – Commercial Lines

Iridium Risk Services Inc. is a provider of risk management advisory and insurance broking services,specializing in companies with complex and…

October 30, 2024

Director’s & Officers Liability Marketplace Insights Q4 Updates

WHAT TO EXPECT With new and existing insurers seeking opportunities in this space, we’re seeing a continued decline in D&O…

October 30, 2024

Cyber Liability Marketplace Insights Q4 Update

NEW TRENDS WITH AN EYE TO 2025 Recent wide-scale events like CDK and Crowdstrike that hit in Q3 and continued…

October 23, 2024

Barry Smith joins Iridium Risk Services as Risk Consultant

We are very pleased to announce that Barry Smith has joined the Iridium Risk Services team in therole of Risk…

October 17, 2024

Scott Gummerson Joins Iridium as Risk Advisor

We are very pleased to announce that Scott Gummerson has has joined the Iridium Risk Servicesteam in the role of…

October 15, 2024

Graham Duff Promoted to Risk Consultant

We are very pleased to announce the promotion of Graham Duff to the role of Risk Consultant atIridium. Before joining…

October 15, 2024

Joel Askew Promoted to Risk Advisor and Team Lead

We are very pleased to announce the promotion of Joel Askew to the role of Risk Advisor andTeam Lead at…

September 26, 2024

2024 Catch the Energy Conference

Iridium Risk Services is proud to be a major sponsor of the 2024 Schachter Catch the Energy Conference. The Schachter…

June 12, 2024

The Importance of Pollution Liability for Businesses

Pollution liability is a critical concern for Canadian companies across various industries. Environmental incidents can have severe consequences, leading to…

Pure is a company that has grown significantly both in size and complexity over the last 10 years and required a new perspective on its overall risk management approach. Through a detailed and in-depth review of our Company and our business, Iridium was quickly able to immediately add value to Pure by helping us develop and implement a comprehensive insurance program that ensured appropriate coverage on a cost effective basis. Our senior management has been very impressed with both the professionalism and responsiveness of the Iridium team as we have made the transition from our previous provider. We look forward to a strong and long term business partnership between Pure and Iridium as our business continues to grow.

—Geoffrey D. Krause, CA, CPA
Vice President and CFO,
Pure Technologies

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.

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.

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.

The Iridium team is very enthusiastic, knowledgeable and professional, and consistently provides timely and relevant advice regarding insurance and risk management issues that are of importance to Propak. Iridium generated underwriter interest in our account through a strategic marketing exercise that resulted in policy coverage improvements alongside a reduction in premium. Iridium analyzed our insurance program and policies, identifying gaps in coverage and wording improvements and proposing and placing new policies, ultimately optimizing our insurance program. Propak is pleased to be working with such a talented and committed team at Iridium. I wish we had made the change years ago!

—Barry C. Taylor, CA
VP Finance and Administration,
Propak Systems 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.

The Iridium approach to insurance and risk management is very inclusive, encouraging representation from across the business to fully understand the business risks and requirements. The Iridium team brings extensive oil and gas experience, together with useful benchmarking, market research and relationships with insurers that results in intelligent and cost effective risk solutions. Iridium are an important part of our business and we share similar corporate values as Calgary based, owner managed teams with significant pride of ownership and determination to succeed.

—David French
CFO and VP Finance,
Burgess Creek Exploration Inc.

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