Insights

March 13, 2023

2023 Cyber Trends

What to Expect and Look for in 2023 Wesley Robinson, B.Comm, CPLP Risk Advisor, Iridium Risk Services 1. THE…

February 21, 2023

2023 Directors’ & Officers’ Liability Trends

The Directors and Officers Liability (D&O) insurance market continues to soften for companies who can demonstrate strong corporate governance practices…

February 7, 2023

Benefits Insight – 10 Benefits Trends To Know in 2023

When it comes to employee benefits, no year is ever the same. But the past few years have made “different”…

February 1, 2023

Cyber Insight – How to Identify a DDoS Attack

During a DDoS attack, cybercriminals send a deluge of requests to a victim’s server, intending to exceed the capacity limits…

August 29, 2022

LLoyd’s ESG Report

In May 2022, Lloyd’s released its second ESG report, 17 months after the first. Such a delay is indicative of…

August 25, 2022

Captive Insurance

We are pleased to provide you with our overview of captive insurance companies, including information on how Alberta businesses might…

August 2, 2022

Considering the Risks of Wind Energy Projects

As the shift to alternative sources of energy continues to be a topic of relevance, investments in wind energy have…

August 2, 2022

Strategies for Coping With Ongoing Supply Chain Disruptions

Since the beginning of the COVID-19 pandemic, organizations have faced supply chain disruptions. Many provinces and territories have experienced these…

July 18, 2022

Cyber Security Tips for Business Travellers

Organizations face heightened cybersecurity risks when their employees travel. Business travellers are prime targets for cybercriminals, as they often…

July 18, 2022

Structural Issues and Aging Buildings

While modern building codes and structural engineering have made buildings extremely safe, facilities managers must maintain a high…

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.

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.

As we approached our first renewal with Iridium, I was extremely impressed by the team’s operational technical expertise in helping us construct an insurance program most suitable for our risks and their ability to clearly and concisely explain everything as we went through the process. The Iridium team were able to negotiate a fair price for Battle River, in a tough market, and was always quick to respond to any questions we had. Our first renewal went much smoother than I ever could have expected, and we really enjoyed working with them.

—Lance Dunn
Chief Financial Officer,
Battle River Energy Ltd.

From day one the team at Iridium has shown a commitment to researching and implementing the best possible solution for Pacesetter’s insurance needs which has met both our unique corporate and operational objectives. Iridium has demonstrated their knowledge of the different products and carriers and has demonstrated their commitment to privacy, confidentiality and discretion concerning the corporate information discussed in transacting with Pacesetter. Further, the Iridium team is committed to providing efficient, accurate support and service on all matters concerning our insurance and risk items as they come up.

—Chad Robinson
Chief Financial Officer,
Pacesetter Directional Drilling 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.

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

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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