David A. Sampson - PCI Background

PCI Background

As the president & CEO of the Property Casualty Insurers Association of America (PCI), David Sampson represents more than 1,000 member companies that write 40 percent of the nation's property and casualty insurance. Sampson's unique combination of extensive financial services and management experience, global perspective and political acumen make him a strong leader for the property casualty insurance industry during these extraordinary times. As president of PCI and its affiliates, Sampson oversees 240 staff and a $40 million budget. He leads and manages one of the most diverse trade groups in the nation, with members writing virtually every type of personal and commercial coverage sold in the United States. On behalf of the PCI member companies, Sampson effectively advocates the association's positions to state, federal and international public policy makers to prevent unintended consequences and focus lawmakers on good regulatory principles.

Sampson advocates on behalf of insurer and consumer interests on issues ranging from natural catastrophe funding and regulatory reform to personal finance. In his role as the voice for property casualty insurers, he is a frequent speaker at events, such as the American Farm Bureau Federation Annual Meeting and the International Insurance Foundation Annual Meeting Symposium.

Prior to joining PCI on September 4, 2007, Sampson served in two presidential-appointed and Senate-confirmed positions. Most recently, he was the deputy secretary of the U.S. Department of Commerce. As the Department's chief operating officer he managed a $11 billion budget and 38,000 employees and was responsible for the day-to-day operations of an agency with one of the broadest portfolios in federal government. David traveled worldwide to promote opportunities for U.S. companies during his tenure as deputy secretary of Commerce, and he saw firsthand the interconnectedness of the American and global economies. Previously, Sampson served as Assistant Secretary of Commerce for Economic Development and managed the Economic Development Administration's $400 million budget and $2.5 billion portfolio of federal economic grants and loans.