Neil is the founder of Rector & Associates, Inc. Before he founded the firm, Neil was the Deputy Director of the Ohio Department of Insurance, which he joined in 1988 after an insurance corporate and regulatory legal practice with a national law firm.
As team leader for the Accreditation Program of the National Association of Insurance Commissioners (NAIC), Neil has conducted performance audits of the financial examination and analysis areas of the vast majority of state insurance departments. He has testified twice before the U.S. Congress about the Accreditation Program.
Over the last 20 years, Neil frequently led the firm’s engagements by various insurance regulators on many complex matters, including reviews of Form A and Form D filings; targeted financial and market conduct examinations of troubled companies or companies engaging in potential fraudulent activity; and reviews of Blue Cross/Blue Shield insurer matters, including conversions to a stock company and analysis of the insurer’s value and excess and surplus.
Internationally, Neil has been engaged to help establish insurance regulatory agencies or to train insurance regulatory staff in China, Brazil, Hungary, Slovenia and Poland.