Insights

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%…

August 24, 2023

Insights – Employee Data – Is your organization protected?

Employee Data- Is your organization protected? • How are you protecting your employee data? • How are you combating cyber threats…

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…

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.

When TransCanada Turbines aligned our business with Iridium, you were dealing with a group of TCT people with very limited exposure to the Risk/Insurance industry. Your ability to articulate insurance matters and jargon into clear terms enabled us to feel comfortable with all of our insurance and contractual decisions. Your team’s willingness to support our business for everything from education and transformational activities to our frequent questions regarding our transactional business dealing has been over the top. We will tell you that TransCanada Turbines would not hesitate to recommend Iridium to anyone. Your team service is excellent, your approach is transparent and your willingness to help is tireless. We look forward to a long and symbiotic relationship with the entire Iridium Team. Well done!

—Tim Wilcox
Vice President,
TransCanada Turbines

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.

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.

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 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.

Through the last two companies I’ve been involved with, I have partnered with Iridium for the last 10+ years. They continue to impress me with their energy industry expertise and unique focus on managing the broad spectrum of enterprise risks that energy companies face. They currently provide Aureus with year-round prompt support and valuable risk advice integral to our fast-paced and geographically spread-out operations. Iridium has been a great advocate for Aureus in the insurance marketplace and has helped us navigate the challenges of our company’s growth, cost-effectively. They also routinely take time to meet and educate members of our team on insurance coverages and industry leading risk management practices. Aureus considers Iridium a valued risk management advisor and have integrated them into our team. We highly recommend them to any company.

—Ron Hozjan, VP Finance & CFO, Aureus Energy Services

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