News

March 17, 2020

COVID-19 – A message from Iridium’s President & CEO

Iridium is here for our employees, our clients, and our community. We have built a Covid-19 action plan to help prevent…

September 26, 2019

Announcement – Mike Dow

We are very pleased to announce that Mike Dow has joined the Iridium Risk Services team in the role…

September 16, 2019

Iridium Risk Services names Berto Di Manno President and CEO

Iridium Risk Services is pleased to announce Berto Di Manno as President and CEO effective immediately, as Roger Swierstra moves…

September 11, 2019

Announcement – Hristo Minkovski

We are very pleased to announce the promotion of Hristo Minkovski to the role of Risk Consultant at Iridium. Hristo…

August 2, 2019

New Broker Partner – Paisley-Manor Insurance Brokers Inc.

Navacord Inc. is pleased to announce the addition of Paisley-Manor Insurance Brokers Inc. to their growing organization. Paisley-Manor is the…

July 30, 2019

Martin Delaney, CEO of Navasure Structured Solutions

July 29, 2019 – Toronto – Navacord Corp. is pleased to announce industry veteran, Martin Delaney, as the CEO…

July 11, 2019

Announcement – Navasure Structured Surety Solutions

We are very excited to announce the launch of Navasure Structured Surety Solutions, Canada’s only provider of…

May 27, 2019

Trends Impacting Directors and Officers Liability in 2019

Iridium Navacord is pleased to release its first annual Trends Impacting Directors’ & Officers’ Liability report for 2019. Public…

May 24, 2019

Downhole Equipment Insurance – Cover Your Stuck or Lost Downhole Tools

Iridium Risk Services is an industry leader in providing risk management advice and insurance solutions to companies operating…

May 2, 2019

Iridium Risk Services announces Leadership Evolution

Iridium Risk Services is pleased to announce the following leadership appointments. Effective immediately, Roger Swierstra will move to the…

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.

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.

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.

We had previously dealt with larger brokers exclusively, but in the past few years we were unhappy with the level of service we were receiving. Iridium routinely takes the time to meet with us to carefully review and address our evolving exposures. Iridium’s employees are very experienced and are well versed at explaining coverage nuances at an operational, executive and board level, which gives us confidence that we have appropriate insurance protection. Their knowledge of the marketplace is impressive, ensuring that we receive the most competitive terms available. With Iridium we believe that we receive excellent value and great service.

—Max Lof, MBA, CFA
Chief Financial Officer,
Surge Energy Inc.

We engaged Iridium at the same time that we were completing a large asset acquisition and a corporate merger. In order to identify our exposures, the team at Iridium invested the time required to understand our existing business and the new acquisitions. In addition, they worked closely with our staff to compile the data requested by our insurance providers. Overall, I am extremely pleased with the exceptional level of service provided by Iridium and value them as a trusted business partner.

—Brent R, Bracken, CA
Sr. Vice President, Finance & CFO,
Caltex Resources Inc.

Fraser Surrey Docks is undertaking significant changes to our operations and we were looking for an expert who would work with us to address our evolving risk needs. Iridium’s understanding of our objectives, understanding of our industry and their risk-based consultative process was exactly what we needed. Iridium is incredibly responsive and they have become an invaluable member of our risk management team. The benefits to Fraser Surrey Docks in engaging a dynamic firm like Iridium continue to emerge and we would recommend them as a risk management partner to any of our West Coast peers.

—Leonard Cox
Chief Financial Officer,
Fraser Surrey Docks

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

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