Helio Risk
Victor Gallardo talks to Diana Bui about his career move from the Oklahoma Insurance Department to Helio Risk and his future progression
Could you share any insights or experiences you have had in the captive insurance industry? What types of companies have you assisted in captive formation, and what specific risks were they aiming to protect against?
My first experience working with captives stems from being a captive regulator at the Oklahoma Insurance Department.
In my current role with Helio Risk, I am getting more involved with captive formations and the ongoing management of a captive insurance company.
The companies I have aided in captive formation come from a diverse range of industries. During my time, I noticed an increased interest in property coverage and cybersecurity.
How has your previous experience prepared you for your current role?
My background in regulation has aided me in understanding regulatory compliance and any concerns the regulator may have when forming a new captive insurance company.
My background experience has also enabled me to ensure our team at Helio is well equipped to meet any regulatory challenges.
Based on your experience, what would you say are the key benefits of working in this industry?
The connections made between different service providers and regulatory relationships are unique. Everyone works together to make the captive insurance industry whole.
Can you name your main influences in the industry?
My main influence in the industry would be the current Oklahoma captive division director, Steve Kinion. He has taught me almost everything I know today, both captive-related and professional development.
Additionally, as Helio continues to utilise domiciles across the country, I am inspired by regulators and service providers who, like Helio, offer both national and international services.
What are your aspirations for your future career in the industry?
My future aspirations would be to move into a senior-level role at Helio and attain the Associate in Captive Insurance (ACI) designation in the near future.
What advice do you have for someone considering a role in captive insurance?
Embrace the opportunities given and take advantage of the industry's rapid growth. Pursuing any continuing education or certification and asking questions of anyone in the industry is a great way to learn more about captives. This should all aid in acquiring sufficient industry knowledge and achieving success within the industry.
Personal bio
Victor Gallardo began his professional journey in August 2021, interning as a financial examiner with the Oklahoma Insurance Department. Building on this foundation, he advanced to the role of captive analyst at the department in December 2022, gaining valuable experience in the regulatory aspects of captive insurance.
Victor moved to further his career by joining Helio in June 2024 as a client relationship manager, where he is responsible for providing captive management services to Helio’s expanding captive insurance company portfolio. He earned a Bachelor of Business Administration degree in Finance from the University of Central Oklahoma and holds an Associate Professional in Insurance Regulation.
“Victor has consistently delivered exceptional service to our Helio captive clients. Victor's expertise in captive insurance regulation is well-regarded. His ability to build and maintain strong professional relationships establishes him as an invaluable asset and a future leader in the captive insurance industry.”
Heather McClure, managing partner, Helio Risk
