Navacord ( Formerly Lloyd Sadd) // News // Insights // Transportation // Transportation Insight – 2020 in Review

Transportation Insight – 2020 in Review

The Transportation sector, like many in 2020, were doing anything and everything to adapt to the pandemic. Unlike other industries, however, they were also faced with a challenging economy, and a tough insurance marketplace.

Download our latest Transportation Insight - 2020 in Review and learn how you can best position your business with insurers.

Client Support

We are proud of the supportive, innovative services and expert advice we provide to our clients and are even more proud to share what they have to say about us.

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

Through the last two companies I’ve been involved with, I have partnered with Iridium for the last 10+ years. They continue to impress me with their energy industry expertise and unique focus on managing the broad spectrum of enterprise risks that energy companies face. They currently provide Aureus with year-round prompt support and valuable risk advice integral to our fast-paced and geographically spread-out operations. Iridium has been a great advocate for Aureus in the insurance marketplace and has helped us navigate the challenges of our company’s growth, cost-effectively. They also routinely take time to meet and educate members of our team on insurance coverages and industry leading risk management practices. Aureus considers Iridium a valued risk management advisor and have integrated them into our team. We highly recommend them to any company.

—Ron Hozjan, VP Finance & CFO, Aureus Energy Services

One of the main reasons is the people. The Company has a sense of urgency. They’ve held our hands and walked us through many things together. There are lots of brokers out there, the reason we choose to work with Lloyd Sadd is the people.

Manufacturing and installing infrastructure in the crypto industry has led to some interesting challenges. With Iridium Risk Services by our side, The Crypto Can Man has mitigated risks for our core business, and further, Iridium has helped the company navigate the growth of new ventures. The expertise and International industry awareness of the Iridium team has enabled The Crypto Can Man to expand internationally while identifying and controlling risk with an informed methodology. Iridium’s expertise and wide market view of the crypto industry is second to none.

Working in lockstep with Iridium provides the comfort and assurance necessary to enable sustainable growth in the crypto industry.

—David Billay, Chief Executive Officer, The Crypto Can Man Ltd.

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.

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

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.

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Edmonton

Head Office (Bell Tower)

Suite 100, 10120 – 103 Avenue NW,
Edmonton, AB T5J 3R6

Main:	780.483.4544
TF:	1.800.665.5243
Consulting:	780.423.2702
Fax:	780.484.5727

Calgary

Suite 1900, 144 – 4th Ave SW
Calgary, AB T2P 3N4

Phone:	403.444.0950
TF:	1.866.845.8330
Fax:	780.484.5727

Kelowna

1499 St Paul St #705,
Kelowna, BC V1Y 0L9

Phone:	778.313.0504
TF:	1.800.665.5243

Bonnyville

5206 50 Ave,
Bonnyville, AB T9N 1Y5

Phone:	780.826.3611

Cold Lake

Unit 103, 4807 51 Street
Cold Lake. AB T9M 1P2

Phone:	780.639.8811

Peace River

10024 101 Street
Peace River, Alberta T8S 1S6

Phone:	780.624.1410

Manning

Stone Insurance Brokers Ltd.
A Division of Lloyd Sadd

117 4 Ave SW, Manning, AB T0H 2M0

Phone:	(780) 836-3061

Edson

4826 3 Ave
Edson, AB T7E 1C2

Hinton

Pembina Ave
Hinton, AB T7V 2B2