Agencies, Agents & TPAs

Rector & Associates has extensive experience with specific issues affecting insurance agencies, agents, and TPAs and can assist these business concerns with regulatory compliance issues in all 50 states.

Agency / Agent licensing and regulatory services

When insurance agencies and agents are faced with licensing and other regulatory problems, Rector & Associates can help find solutions, including:

• Acting as a liaison to any department of insurance
• Applying for licenses for the agency and its agents in all 50 states
• Evaluating fund transfers and commingling issues involving agencies, insurers, and clients
• Performing market conduct and operational reviews of an agency’s operations

Broker Compensation Services

Rector & Associates can assist with bonus compensation programs and regulatory issues relating to those programs, including:

• Evaluating broker compensation programs from both a regulatory and business standpoint
• Helping develop appropriate broker compensation disclosures for insureds

Title Agency and Agent Services

Rector & Associates has helped many business concerns that are active in the title insurance industry resolve complex problems facing the title industry, including:

• Analyzing joint ventures and other arrangements between title companies or agencies and settlement service providers under insurance and RESPA regulations
• Assisting with forming and licensing affiliated business arrangements and with related compliance matters
• Evaluating agent and agency licensing needs for staff at companies active in the title industry based on activities performed by staff

TPA Services

Rector & Associates can assist third party administrators with regulatory compliance matters in all 50 states, including:

• Obtaining TPA licenses in any state
• Assisting with both regulatory and business concerns with ASO agreements
• Resolving fund transfers and commingling issues involving TPAs and clients