News

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 &…

February 11, 2021

Five Risky Misconceptions about Cyber Insurance that are Detrimental to your Business

By Wesley Robinson, Risk Advisor According to leading global insurer Allianz and their most recent risk barometer, cyber risk…

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.

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

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.

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.

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.

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.

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.

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