Doug Anderson
USA Guide 2024
Band 2 : Insurance
Email address
[email protected]Contact number
614-365-2717Share profile
Band 2
About
Provided by Doug Anderson
Practice Areas
Insurance
Career
Doug Anderson provides counsel on insurance law and compliance to global, national and regional insurance companies, private equity firms, holding companies, trade associations, healthcare systems and other enterprises regarding all aspects of insurance regulation. He has experience with all lines of insurance and all aspects of the operations of insurance companies. Doug was named “Lawyer of the Year” for 2025 by Best Lawyers of America for Insurance Law in his region.
A former regulator, Doug provides insight and perspective in assisting insurance companies, private equity firms and other enterprises involved with the insurance industry achieve their business goals and objectives in a variety of matters, including:
-Legal and regulatory compliance
-Insurance regulatory filings and approvals
-Compliance with insurance holding company requirements including strategic planning and regulatory oversight and approvals
-Strategic planning and market analysis
-Structuring mergers, acquisitions, joint venture and other initiatives to address regulatory requirements and mitigate risks
-State and federal health insurance reform, and related product and operational compliance
-Development of compliance programs, risk mitigation strategies, policies and procedures and internal controls
-Regulatory treatment of investments held by insurance companies, including as related to accounting and risk-based capital treatment
-Preparation of policy forms, marketing materials, provider and vendor contracts and related regulatory filings
-Analysis of state insurance laws as applied to transactions, coverages and other matter
-Formation and licensure of insurance companies, including entry into new jurisdictions and markets
-Defense of market conduct exams, financial exams and administrative proceedings
-New product development and market entry issue
His deep experience with transactions involving insurance companies includes advising insurance companies, private equity firms and corporate investors and sponsors on all types of transaction, including the impact they might have on affiliate arrangements, operational compliance, investment treatment and financial accounting and reporting.
Doug also advises health insurance companies on state and federal health insurance reform and assists with strategic planning and product development. He counsels health insurers participating in government programs such as Medicaid managed care, Medicare Advantage and state and federal employee benefit programs. He also provides counsel to multiple employer welfare arrangements, alliances and consortiums. In addition, Doug serves as an expert witness on insurance-related issues and is a frequent writer and speaker on insurance issues.
He previously served as the Chief Policy Officer, Assistant Director and Attorney for the Ohio Department of Insurance, where he worked to enforce and apply state and federal insurance law. In that role, he served as Co-Chair of Ohio's Health Insurance Exchange Planning Task Force, Team Leader for Ohio State Coverage Initiative and Project Leader to implement a high-risk pool in Ohio.
Chambers Review
USA
Doug Anderson frequently works with healthcare sector insurers in navigating complex regulatory and transactional issues.
Strengths
Provided by Chambers
"I always appreciate Doug's knowledge and expertise."
"His guidance is always appreciated by me and our board."
"I always appreciate Doug's knowledge and expertise."
"His guidance is always appreciated by me and our board."