Dr. Ray Spudeck joins Grant Consulting Group as an affiliate organization based out of Tallahassee, Florida. Dr. Spudeck brings a strong regulatory background from experience with the Securities Valuation Office in New York City, many years with the National Association of Insurance Commissioners and as the Chief Economist for the Florida Office of Insurance Regulation. Dr. Spudeck has represented our nation in the global debate on financial regulation reform and has served as a consultant to the International Monetary Fund. Dr. Spudeck was named “regulator of the year” in 2009 earning the prestigious Dineen Award. The combined wealth of experience and knowledge of Grant Consulting Group and Spudeck Consulting brings great value to the firm’s financial services clients.

Dr. Spudeck is the founding Principal of Spudeck Consulting, LLC, a consultancy providing economic, financial, and regulatory analysis and advocacy with a global focus. Ray brings over twenty five years experience to bear in meeting client needs and solving problems.  Prior to creating the firm, Ray was the Chief Economist for the Florida Office of Insurance Regulation. In this capacity, Ray was responsible for the economic analysis of Florida’s insurance markets and was actively involved in the economic and financial aspects of regulatory and legislative policy issues. Ray was active in the national debate on insurance and catastrophic risk through his leadership at the National Association of Insurance Commissioners (NAIC). Ray has been actively engaged in the global financial regulatory dialog, representing US insurance regulation in several international venues including the Joint Forum, where he also served as Co-Chair of the Risk Assessment and Regulatory Capital Working Group and the International Association of Insurance Supervisors. In addition, Ray has served as a technical expert for the International Monetary Fund in its Financial Sector Assessment Program. During 2009 and 2010 Ray chaired the NAIC’s committee responsible for the insurance regulatory portion of the IMF’s recent Financial Sector Assessment Program (FSAP) review of the United States financial regulatory system.

Before joining the Florida Office, Ray was the Manager of the Financial and Insurance Market Research Group of the NAIC’s Securities Valuation Office (SVO) in New York City. This group was responsible for tracking macro trends and developments in the investment markets and communicating the findings to the US insurance regulatory community. As well, this group aided state insurance regulators in resolving investment portfolio issues for specific insurers. Ray joined the NAIC in 1998 as the Senior Research Associate for the NAIC’s Research Division in Kansas City. In this capacity, Ray provided staff support for numerous NAIC committees and working groups.

In 2009, the National Association of Insurance Commissioners awarded Ray their highest individual honor, the Robert Dineen Award, as the nation’s top insurance regulator.  Prior to joining the NAIC, Ray was a university professor, teaching economics, finance and statistics courses at the undergraduate, Masters, and Doctoral level at several universities. Ray earned his Ph.D. in Finance at Texas Tech University and his BBA in Finance from the University of Texas-El Paso.