Author: ycorrea

March 21, 2022

2022 Directors & Officers Liability

2022 will continue to present a challenging landscape for Directors and Officers in all sectors. While organizations navigate through a…

February 16, 2022

2022 ESG Mandates for Insurers

As the Lloyd’s market and insurers look to implement their own ESG mandates, most are now becoming focused on the…

February 4, 2022

What You Need to Know About the Alberta Automobile Insurance Reform

Mandatory automobile insurance coverage will alter how Alberta insurers process vehicle damage claims. Legislation changes enabled direct compensation for property…

January 31, 2022

Bob Moore joins the Iridium team as Director, Claims

We are very pleased to announce that Bob Moore has joined the Iridium Risk Services team in the…

January 24, 2022

How to Detect a Phishing Campaign

Each year, cybercriminals get smarter and find new ways to get personal information from online users. A common method cybercriminals…

November 29, 2021

Iridium Announces Two New Managing Partners

We are very pleased to announce that Shelly Swartout and Andrew J. Barker have been promoted to Managing Partners at…

November 29, 2021

Marketplace Insights November 2021

After more than two years into the hard market cycle there are finally some indicators that the end may…

October 29, 2021

Overcoming Cyber Threats in a 5G World

As the fifth generation (5G) mobile network becomes increasingly accessible, cybersecurity risks also increase. While 5G has many benefits, including…

October 15, 2021

Representations and Warranty Insurance Policies

By Geoffrey Cowling, Managing Partner Download the PDF version of this article The ability to insure risks associated with the…

October 8, 2021

How to Prioritize Cybersecurity?

Organizations today are under constant threat of cyberattacks as technology continues to evolve rapidly. Cybersecurity threats can not only compromise…

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 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.

We can always count on Iridium to be available at a moment’s notice. Whether it be to discuss a random insurance related topic, review a contract, or request documentation for board level meetings, they always deliver regardless of timing. Iridium has been great at bringing forward ideas, issues and solutions that have helped Perpetual build a better insurance program. They also introduced us to a new marketing strategy of building direct relationships with the underwriting community. Not only did it pay dividends at the time Iridium first became our broker, but it has continued to do so in subsequent renewals. Their professionalism, ability to speak on a technical level and refreshing style are all big reasons why our firms continue to do business.

—Jeffrey R. Green
Vice President,
Perpetual 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.

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 provides us with the guidance we need to ensure we have the proper coverage for our business. Iridium goes beyond the traditional broker role enabling us to explore different and new avenues that helped identify and address our various risk exposures.

—Marcia Elaschuk, CMA
Controller,
Divestco 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

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