News

May 22, 2020

Marketplace Insight Spring 2020

A Hard Market & A Historic Downturn Canadian insurance companies have done a good job of rapidly shifting priorities to…

May 15, 2020

Donation Announcement: Calgary Meals on Wheels

Iridium and its employees are proud to support Calgary Meals on Wheels and their commitment to giving Calgarians healthy, nutritious…

April 21, 2020

New Shareholder Announcement – Hugh Patterson

Iridium Risk Services Inc. is pleased to announce the appointment of Hugh Patterson to the position of Partner and…

April 20, 2020

Trends Impacting Directors’ & Officers’ Liability – COVID-19

As you review the trends below, consider your Directors and Officers Liability Insurance Program and its effectiveness and response. …

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…

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

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.

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.

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.

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.

Iridium earned our business through their fresh, consultative approach to helping us manage the risks faced by our business every day. Iridium was able to identify gaps in our insurance and risk management program and bring innovative, thoughtful solutions to the table while being cost conscious through the process. Iridium is indispensable to any oil and gas producer as their availability and expertise in risk management and insurance has us deem them as a partner versus a service provider.

—Craig W. Albert CGA
Controller,
Zargon Oil & Gas Ltd.

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.

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