Captive Review
Power 50 · 2026
Heather McClure.
A place in the Power 50.
Named #15 in Captive Review’s 2026 Power 50, recognizing her contribution to the captive insurance industry.
Explore the recognition
A clearer strategy for risk. A stronger foundation for your business.
Helio Risk designs, forms and manages captive insurance programs, so premium funds claims and expenses inside a company you own, instead of only transferring risk to a carrier. Formation through claims, handled by one team.
ICCIE trainedCertified captive education
Full lifecycleFormation through claims
5 marketsOKC, Dallas, Jacksonville, Chicago, Vermont
Power 50, 2026Heather McClure, Captive Review
What does Helio Risk actually do?
Helio Risk designs, forms and manages captive insurance programs, the licensed insurance companies businesses own to fund their own risk instead of only transferring it. The team behind every program is ICCIE trained.
You own the company
A captive is licensed in your name, not rented from a carrier.
One team, start to finish
Formation, licensing and ongoing management from the same partners.
Risk-first, not product-first
A confidential risk assessment comes before any structure is recommended.
Two disciplines, one relationship
Most clients start with one question and end up with both handled by the same team.
Captive formation & management
Business plan, application and approval, then ongoing management of the program you own.
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Enterprise risk consulting
A confidential risk assessment matched to your risk tolerance, needs and timeline.
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Industries we serve
Automotive, healthcare, real estate, banking, private equity and more.
See every industryFrom expense to asset, in three phases
The same three phases every Helio Risk captive goes through. Nothing is skipped, and nothing moves forward until the phase before it is done.
1. Business plan
Corporate structure, financials and internal approvals go on paper before anything is filed with a regulator.
2. Application
A pre-application meeting, EIN, capital contribution and license issuance, with regulatory review timing that depends on the domicile and the application itself.
3. Approval
Policy issuance, premium collection, loss payment and corporate policy adoption bring the captive to life, then Helio Risk manages it going forward.
Hear it in the founders' own words on the firm's podcast, Captive Conversations, starting with "From Expense to Asset."
Recognized in
the industry.
Industry recognition, published perspectives and conversations with the people shaping captive insurance.
Heather McClure.
One firm. A growing presence.
Heather McClure on Helio Risk’s multi-location growth.
Read the featureA closer look at emerging risk.
Kyle Sweet discusses captive insurance, security and emerging AI threats.
Explore the episodeThe team behind the work.
Meet the team12Partners & staff
Three partners. Nine team members.
5Markets served
One connected team across five markets.
2Core service lines
Captive management and risk consulting.
ICCIETrained team
Specialized captive insurance training.
Is Helio Risk right for you?
A good fit
- Businesses with real, measurable, repeatable risk
- Owners ready to fund risk instead of only transferring it
Not the right fit
- Businesses looking only to lower this year's premium
- Anyone unwilling to hold capital in the program long term
Questions people actually ask
Helio Risk designs, forms and manages captive insurance programs that turn insurance expense into an owned asset, alongside enterprise risk management consulting built around each client's risk tolerance and timeline.
Formation runs in three phases. The business plan phase covers corporate structure, financials and internal approvals. The application phase includes a pre-application meeting, EIN, capital contribution and license issuance, with regulatory review of about 30 days. The approval phase covers policy issuance, premium collection and loss payment.
Helio Risk is headquartered in Oklahoma City, with additional offices in Dallas, Jacksonville and Chicago, plus a growing presence in Vermont.
Helio Risk works with clients across automotive, banking, commercial real estate, convenience stores, family offices, the firearms industry, healthcare, nonprofits, private equity and property.
Heather McClure serves as Managing Partner and General Counsel, Kyle Sweet as Partner and Chief Strategy Officer, and Blake Kerr as Partner and Chief Financial Officer.
Managing Partner Heather McClure was named #15 on Captive Review's Power 50 in 2026, recognizing decades shaping the captive insurance industry from both the owner and manager side. She was also featured in a separate Captive Review article on the firm's multi-location growth in August 2026.
A captive is a licensed insurance company that a business owns and controls, rather than a policy rented from an outside carrier. The business that takes on the risk also owns the company funding it, so premium builds capital instead of only transferring risk away.
A traditional policy sends premium to a carrier and nothing comes back unless a claim is paid. A captive is licensed in the business owner's own name, so the same premium builds an asset the business controls, with Helio Risk handling formation and ongoing management.
Yes. The team is ICCIE trained, meaning every program is built by people formally educated in captive insurance structure and regulation, not sold as an add-on to a traditional policy.
Three partners run the firm day to day, backed by a team of twelve across accounts, operations, accounting and risk control, for 15 partners and staff in total.
Captive Conversations is Helio Risk's own podcast, hosted by Partner Kyle Sweet. The first episode, "From Expense to Asset: Captive Insurance Investment," ran in June 2026 with guest Madeline Jacobs, CPFA.
Call, email or send a message through the contact page to discuss your risk strategy directly. Someone from the team replies within one business day.
Oklahoma City, Dallas, Jacksonville, Chicago and Vermont are where Helio Risk has an office presence, but captive formation, management and risk consulting are available to businesses nationwide.
Someone from the team replies within one business day of a call, message or free-call request.
Start with a conversation, not a form
An introductory conversation helps identify whether a captive makes sense for your business.