News

September 1, 2021

Joel Harrison Promoted to Risk Consultant

We are very pleased to announce the promotion of Joel Harrison to the role of Risk Consultant at…

July 21, 2021

Assessment & Mitigation of Critical Boiler and Machinery Equipment Failure

When it comes to the protection of critical equipment, regulatory compliance and industry standards only go so far. In order…

July 12, 2021

Marketplace Insight June 2021

The Slow Grind To The “Next Normal” Insurers are inching their way back to profitability. But the pandemic has prolonged…

June 14, 2021

Growing Use of Technology in the Mining Industry

In order to stay competitive, control costs and remain sustainable, mining companies across Canada have increasingly begun investing in a…

June 3, 2021

Jessie Gwynne Promoted to Risk Advisor

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

May 26, 2021

Top Trends for Manufacturing in 2021

By Geoffrey Cowling, Managing Partner. The manufacturing sector has continued to evolve in the midst of the COVID-19 pandemic. The…

April 30, 2021

2021 Cyber Trends – What the Year Holds for Insurers and Risk Managers

With seemingly few warning signs to inform companies how and when a big loss will happen, or what malware will…

April 23, 2021

Iridium’s continued support to Calgary Meals on Wheels

The team at Iridium are proud to continue supporting Calgary Meals on Wheels on their commitment to giving Calgarians healthy,…

April 5, 2021

Benefits of Trade Credit Insurance

Trade Credit is vital to the commercial world as it allows businesses to receive goods or services in exchange for…

March 30, 2021

Trends Impacting Directors’ & Officers’ Liability in 2021

By Danielle Gorst, National Practice Leader, Financial Lines. Iridium is pleased to release its 2021 Trends Impacting Directors &…

Iridium’s energy industry knowledge, technical expertise, and meticulous attention to detail gives us the confidence that our exposures are properly managed. The people at Iridium are true risk management and insurance professionals and I would strongly recommend their services to any firm operating in our industry.

—Scott Kirker
Secretary and General Counsel,
Tourmaline Oil Corp.

Pure is a company that has grown significantly both in size and complexity over the last 10 years and required a new perspective on its overall risk management approach. Through a detailed and in-depth review of our Company and our business, Iridium was quickly able to immediately add value to Pure by helping us develop and implement a comprehensive insurance program that ensured appropriate coverage on a cost effective basis. Our senior management has been very impressed with both the professionalism and responsiveness of the Iridium team as we have made the transition from our previous provider. We look forward to a strong and long term business partnership between Pure and Iridium as our business continues to grow.

—Geoffrey D. Krause, CA, CPA
Vice President and CFO,
Pure Technologies

The Iridium team is very enthusiastic, knowledgeable and professional, and consistently provides timely and relevant advice regarding insurance and risk management issues that are of importance to Propak. Iridium generated underwriter interest in our account through a strategic marketing exercise that resulted in policy coverage improvements alongside a reduction in premium. Iridium analyzed our insurance program and policies, identifying gaps in coverage and wording improvements and proposing and placing new policies, ultimately optimizing our insurance program. Propak is pleased to be working with such a talented and committed team at Iridium. I wish we had made the change years ago!

—Barry C. Taylor, CA
VP Finance and Administration,
Propak Systems 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.

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.

Iridium’s knowledge of the international energy sector and our specific business strategy allows us to efficiently develop and continually manage our international operational risk profile. We can always count on the Iridium team to react promptly and professionally to any request, from minor insurance queries to exposure identification. Our experience with Iridium as a risk management partner has been positive and we look forward to our continuing working relationship in the future.

—Scott Budau CA
Chief Financial Officer,
Touchstone Exploration Inc.

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

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