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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 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.

We were impressed with the depth of research and analysis Iridium preformed in determining our operational exposures and regulatory insurance requirements. Iridium developed and executed an intelligent marketing strategy which resulted in a competitively priced insurance program that reflected our exposure needs. We now consider them to be our partner in risk management.

—Bruce Sherley
P.Eng, President,
Dundee Oil and Gas Ltd.

Iridium provides us with the guidance we need to ensure we have the proper coverage for our business. Iridium goes beyond the traditional broker role enabling us to explore different and new avenues that helped identify and address our various risk exposures.

—Marcia Elaschuk, CMA
Controller,
Divestco Inc.

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.

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.

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.

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.

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Phone:	403.263.9654
TF:	855.585.9654
Fax:	403.263.9656