News

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…

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.

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 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.

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

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.

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.

We are very pleased with the expertise and service that we receive from Iridium. We take comfort that our representatives at Iridium have a current understanding of market conditions and combined with the investment they make in understanding our business and risks, we are highly confident that we are getting the best coverage and competitive premiums. The people at Iridium are very attentive and responsive to our needs. I would highly recommend them to anyone.

—C. Dean Setoguchi
Vice President & CFO,
Keyera Corp.

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