News

February 13, 2024

Five Benefits of Trade Credit Insurance

Trade credit insurance, sometimes called accounts receivable insurance, protects businesses when a customer fails to pay a trade debt. This…

February 11, 2024

2024 Directors and Officers Insurance Market Update

2023 welcomed attractive pricing and in many cases, single and double-digit premium reductions to D&O insurance programs, where the corporation’s…

January 10, 2024

Graeme Shea Promoted to Risk Consultant

We are pleased to announce the promotion of Graeme Shea to the role of Risk Consultant at Iridium. Graeme graduated…

January 10, 2024

Jared Nash Promoted to Risk Consultant

We are pleased to announce the promotion of Jared Nash to the role of Risk Consultant at Iridium. Before joining…

January 10, 2024

Gibran Qureshi Promoted to Risk Advisor

We are pleased to announce the promotion of Gibran Qureshi to the role of Risk Advisor at Iridium. Prior to…

January 10, 2024

Gibran Qureshi Promoted to Risk Advisor

We are pleased to announce the promotion of Gibran Qureshi to the role of Risk Consultant at Iridium. Prior to…

January 10, 2024

We are pleased to announce the promotion of Graeme Shea to the role of Risk Consultant at Iridium. Graeme…

January 9, 2024

Risk Insights | Are You Prepared for a Product Recall?

What can a risk manager learn from today’s major recalls and the large amount of media attention they attract? For…

December 21, 2023

December 2023 Marketplace Insights

Bucking the Trend There’s an old saying that you don’t know if there will be a recession until you’re in…

December 18, 2023

Transactional Risk Products

Representations and Warranties Insurance DOWNLOAD THE FULL ARTICLE | TRANSACTIONAL RISK PRODUCTS: REPRESENTATIONS AND WARRANTIES INSURANCE If you have…

Manufacturing and installing infrastructure in the crypto industry has led to some interesting challenges. With Iridium Risk Services by our side, The Crypto Can Man has mitigated risks for our core business, and further, Iridium has helped the company navigate the growth of new ventures. The expertise and International industry awareness of the Iridium team has enabled The Crypto Can Man to expand internationally while identifying and controlling risk with an informed methodology. Iridium’s expertise and wide market view of the crypto industry is second to none.

Working in lockstep with Iridium provides the comfort and assurance necessary to enable sustainable growth in the crypto industry.

—David Billay, Chief Executive Officer, The Crypto Can Man 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.

The team at Iridium is professional, approachable and knowledgeable. Prior to the sale of our business, insurance was managed by an internal risk management corporate group. Iridium was engaged to establish insurance coverage within a short period of time for the standalone business. Iridium was intimately involved in proposing solutions to mitigate risk and brought significant cost savings to our business. Iridium is a true risk partner for our business; providing education and training, expert contract review and risk assessments, along with a strong understanding of our company’s exposures and insurance coverage.

—Wes Morningstar
Chief Executive Officer and Director,
Canlin Energy Corporation.

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.

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 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.

“Enerflex is a complicated global account and I have been extremely impressed with the way that the team at Iridium has been able to dissect and understand our risks to ensure our policies are appropriate for our organization. There are a number of touch points around the globe and the team at Iridium has seamlessly coordinated our program. I am extremely pleased with the risk management focus of Iridium and the results that their unique approach has brought to our company.”

—Jeremy Weatherhead
Treasurer,
Enerflex Ltd.

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