News

October 24, 2023

Deepfakes Explained

Deepfakes refer to sophisticated forgeries of an image, video or audio recording. Deepfakes have been around for years-you can even…

October 3, 2023

Understanding and Creating a Strong Risk Culture

Risks exist in every workplace, so it’s important for organizations of all types and sizes to know how to mitigate…

September 18, 2023

Leveraging AI in Employment Decisions: Balancing Benefits and Risk

Organizations are increasingly utilizing artificial intelligence (AI) in employment-related decisions. According to the Society for Human Resources Management, around 25%…

September 18, 2023

2023 Catch the Energy Conference

Iridium Risk Services is proud to be a major sponsor of the 2023 Schachter Catch the Energy Conference. The Schachter…

August 24, 2023

Insights – Employee Data – Is your organization protected?

Employee Data- Is your organization protected? • How are you protecting your employee data? • How are you combating cyber threats…

June 1, 2023

Joel Askew Promoted to Risk Consultant

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

March 28, 2023

Joel Harrison Promoted to Risk Advisor

We are very pleased to announce the promotion of Joel Harrison to the role of Risk Advisor at Iridium. Joel…

March 13, 2023

2023 Cyber Trends

What to Expect and Look for in 2023 Wesley Robinson, B.Comm, CPLP Risk Advisor, Iridium Risk Services 1. THE…

February 21, 2023

2023 Directors’ & Officers’ Liability Trends

The Directors and Officers Liability (D&O) insurance market continues to soften for companies who can demonstrate strong corporate governance practices…

February 7, 2023

Benefits Insight – 10 Benefits Trends To Know in 2023

When it comes to employee benefits, no year is ever the same. But the past few years have made “different”…

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 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.

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.

From day one the team at Iridium has shown a commitment to researching and implementing the best possible solution for Pacesetter’s insurance needs which has met both our unique corporate and operational objectives. Iridium has demonstrated their knowledge of the different products and carriers and has demonstrated their commitment to privacy, confidentiality and discretion concerning the corporate information discussed in transacting with Pacesetter. Further, the Iridium team is committed to providing efficient, accurate support and service on all matters concerning our insurance and risk items as they come up.

—Chad Robinson
Chief Financial Officer,
Pacesetter Directional Drilling Ltd.

The team at Iridium understands our business and works tirelessly to get us the best coverage possible at the best rates possible. We appreciate that they stay connected to Seven Generations Energy throughout the year and provide consistently excellent customer service. We are thrilled to have Iridium as a valued partner in risk management.

—Kevin Johnston, CA
Vice President, Accounting & Controller,
Seven Generations Energy 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.

We have an expectation at Enerplus for accuracy and timely service. We also require our Broker have legal & policy expertise and the technical resources to enable us to fully manage our portfolio of risk exposures. Iridium has not only delivered and exceeded our expectations in each category, they have also shown a commitment to my team and to our organization that goes far beyond the standard scope of services.

—Marley Drainville
Manager Risk Management,
Enerplus

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