News

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…

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…

Since partnering with Iridium Risk Services, we have benefited greatly from their knowledge and enthusiasm to build an insurance program that addresses the unique exposures in our industry. The team at Iridium has been incredibly responsive and meticulous in providing advice and reviewing contracts. The attention to detail they have shown through the risk workshop process and on an ongoing basis is exactly what has made them stand out as a risk management partner to Fresnel (Vitruvi). As our company expands, we know we can rely on Iridium to provide continuous support and help our company achieve its goals.

—Allan Schaefer, Director of Finance, Vitruvi Software

We can always count on Iridium to be available at a moment’s notice. Whether it be to discuss a random insurance related topic, review a contract, or request documentation for board level meetings, they always deliver regardless of timing. Iridium has been great at bringing forward ideas, issues and solutions that have helped Perpetual build a better insurance program. They also introduced us to a new marketing strategy of building direct relationships with the underwriting community. Not only did it pay dividends at the time Iridium first became our broker, but it has continued to do so in subsequent renewals. Their professionalism, ability to speak on a technical level and refreshing style are all big reasons why our firms continue to do business.

—Jeffrey R. Green
Vice President,
Perpetual Energy Inc.

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.

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 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.

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.

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.

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