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Captive Services

Offshore advantage.

Through our Barbados domiciled partner, Palm Captive Consultants Limited, we provide a full range of captive advisory services and support, domestically and in Barbados (the foreign domicile most commonly used by Canadian captive owners).

Services Include:

Captive feasibility reviews
Underwriting services
Claims services
Strategy
Captive insurance products development
Documentation
Compliance Reviews
Design of reinsurance and risk transfer structures

For more information, visit their website here.

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.

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.

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

Iridium’s unique approach and in depth understanding for our business made for a thorough and seamless insurance placement. We can always rely on their guidance and exceptionally prompt responses. Iridium’s knowledge and strong service focus gives us confidence in knowing the job will get done right!

—Dave Hawkins, CA
Chief Executive Officer,
Groundforce geoDrilling Solutions Inc.

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.

When TransCanada Turbines aligned our business with Iridium, you were dealing with a group of TCT people with very limited exposure to the Risk/Insurance industry. Your ability to articulate insurance matters and jargon into clear terms enabled us to feel comfortable with all of our insurance and contractual decisions. Your team’s willingness to support our business for everything from education and transformational activities to our frequent questions regarding our transactional business dealing has been over the top. We will tell you that TransCanada Turbines would not hesitate to recommend Iridium to anyone. Your team service is excellent, your approach is transparent and your willingness to help is tireless. We look forward to a long and symbiotic relationship with the entire Iridium Team. Well done!

—Tim Wilcox
Vice President,
TransCanada Turbines

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Phone:	403.263.9654
TF:	855.585.9654
Fax:	403.263.9656