# Helio Risk | Captive Insurance Management, Oklahoma City > A clearer strategy for risk. Helio Risk designs and manages captive insurance programs for businesses nationwide. Canonical page: https://heather-mcclure-heliorisk.launchautomation.workers.dev # 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. [Discuss Your Risk Strategy](/contact)[(405) 960-2005](tel:+14059602005) 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.Explore captive formation](/services/captive-formation-management) [### Enterprise risk consulting A confidential risk assessment matched to your risk tolerance, needs and timeline.Explore risk consulting](/services/enterprise-risk-management-consulting) [### Industries we serve Automotive, healthcare, real estate, banking, private equity and more.See every industry](/industries) ## From 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 inthe industry. Industry recognition, published perspectives and conversations with the people shaping captive insurance. #15 Captive ReviewPower 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](/press/heather-mcclure-power-50-2026) Captive Review August 2026 ### One firm. A growing presence. Heather McClure on Helio Risk’s multi-location growth. [Read the feature](/press/heather-mcclure-captive-review-vermont-expansion) The Fearless Mindset Podcast Episode 298 ### A closer look at emerging risk. Kyle Sweet discusses captive insurance, security and emerging AI threats. [Explore the episode](/press/kyle-sweet-fearless-mindset-podcast) ### The team behind the work. [Meet the team](/team) 1212Partners & staff Three partners. Nine team members. 55Markets served One connected team across five markets. 22Core 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. [Read every question](/faq) ## Start with a conversation, not a form An introductory conversation helps identify whether a captive makes sense for your business. [Discuss Your Risk Strategy](/contact)[(405) 960-2005](tel:+14059602005) --- Helio Risk, (405) 960-2005, info@heliorisk.com, Oklahoma City, OK Powered by [Launch Automation](https://www.launchautomation.ai)