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…

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 of…

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 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 announced as CEO of Navasure Structured Surety Solutions

July 29, 2019 – Toronto – Navacord Corp. is pleased to announce industry veteran, Martin Delaney, as the CEO…

July 11, 2019

Announcement – Navasure Structured Surety Solutions

We are very excited to announce the launch of Navasure Structured Surety Solutions, Canada’s only provider of…

Over the many years that we have worked with Iridium they have continuously impressed us with their energy industry expertise, broad insurance market penetration and unfailing enthusiasm. We are particularly pleased with Iridium’s inventive attitude and strong relationships within the insurance industry which have resulted in the quick and above expected closure of several complex claims. Iridium has proven to be an important value adding partner to our organization and we look forward to a continued relationship in the future.

—Michael Makinson, CA
VP Finance & CFO,
Cona Resources Ltd.

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

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.

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

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.

We selected Iridium as our insurance partner as they provided a unique business and risk management focus that was aligned with our vision. Their team performed a comprehensive assessment of our insurance requirements utilizing a risk-assessment approach. Not only were we impressed with their initial assessment, but their ongoing service level, engagement and commitment has demonstrated to us that they are a valuable business partner. I would strongly recommend Iridium as a risk management partner.

—Stuart W. Jaggard
Chief Financial Officer,
Painted Pony Energy Ltd.

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.

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