Oklahoma-based captive manager Helio Risk has appointed Jesse Olsen as chief operating officer.
In his new role, Olsen will design and implement business strategies, processes, and systems. He will also oversee operations, guide client services, analyse expansion activities and manage relationships with industry partners
Olsen has more than 18 years of experience in captive and risk finance, most recently serving at Strategic Risk Solutions (SRS) as a managing director.
Prior to joining SRS Olsen was at Lockton for over 10 years, rising in seniority to be practice leader of Lockton Texas’ specialty risk services. In this role, he was responsible for overseeing teams delivering captive consulting, data analytics, and risk and claims control.
Heather McClure, Helio’s general counsel and chief risk officer, comments: “Jesse shares a similar vision for delivering best-in-class service and consulting to current and prospective captive owners.”
Olsen says: “There is incredible momentum as captive utilisation and related risk financing strategies continue to disrupt conventional paradigms of how to manage risk.”