Insights

July 12, 2022

Big Changes to the Alberta Insurance Industry

Alberta has been on a roll regarding regulatory change of late. First, on January 1, 2022, Alberta moved to…

July 6, 2022

Summer 2022 Marketplace Insights

As part of our commitment to always keep our clients well-informed, we have put together our Summer 2022 Marketplace Insights,…

June 14, 2022

Cyber Crime: How can it affect your business?

How much can cyber exposures cost your business? Take a look at our most recent ransomware infographic to learn about…

May 9, 2022

The Impact of Inflation on the Commercial Insurance Market

Over the past year, inflation has become a growing concern. Inflation issues have largely resulted from a culmination of labour…

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 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

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…

We engaged Iridium as Crescent Point’s risk management and insurance partner because they encouraged us to take a big-picture view on risk. Their collaborative and analytical approach enabled us to gain a better handle of our exposures and allowed us to put rigour around our many risk-improvement initiatives. Iridium impresses our team with their ability to develop intelligent risk solutions and they have more than delivered on their promise to be our strongest claims advocate. Without question, I would recommend Iridium as a risk management partner to anyone.

—Steve Downing
Manager. Risk and Treasury,
Crescent Point Energy Corp.

Iridium’s energy industry knowledge, technical expertise, and meticulous attention to detail gives us the confidence that our exposures are properly managed. The people at Iridium are true risk management and insurance professionals and I would strongly recommend their services to any firm operating in our industry.

—Scott Kirker
Secretary and General Counsel,
Tourmaline Oil Corp.

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

Iridium’s unique approach and in depth understanding for our business made for a thorough and seamless insurance placement. We can always rely on their guidance and exceptionally prompt responses. Iridium’s knowledge and strong service focus gives us confidence in knowing the job will get done right!

—Dave Hawkins, CA
Chief Executive Officer,
Groundforce geoDrilling Solutions Inc.

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.

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.

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.

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