David A. Sampson

David A. Sampson
David Sampson Official Portrait

David A. Sampson is the president and CEO of the Property Casualty Insurers Association of America (PCI), headquartered in Des Plaines, Illinois. He joined PCI in September 2007.

He was previously United States Deputy Secretary of Commerce and took the oath of office on July 27, 2005. As Deputy Secretary he was the Department of Commerce's chief operating officer and managed a US$6.5 billion budget and 38,000 employees in the 13 operating units. Sampson also served on President Bush's management council and was a member of the Board of Directors for the Overseas Private Investment Corporation.

Sampson is a B.A. graduate of Lipscomb University and holds the degree of M.Th. from New Orleans Baptist Theological Seminary, being the valedictorian in both classes at both institutions. He was the first individual to receive the D.Min. degree at Abilene Christian University. He completed the Program for Senior Executives at Harvard University's John F. Kennedy School of Government in 1999. Sampson and his family reside in Northern Virginia.

Contents

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.[1]

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.

ISS Background

In addition to serving as PCI president & CEO, Sampson is also president of the Independent Statistical Service (ISS), a wholly owned subsidiary of PCI and one of the industry's largest and most trusted statistical agents. ISS works with more than 450 property casualty companies of all sizes that report more than $900 billion in annual premiums.

Other Appointments

  • Board of Directors of the Insurance Institute for Highway Safety
  • Member of the U.S. Chamber of Commerce's "Association Committee of 100"
  • Assistant Secretary of Commerce for Economic Development
  • Chief of the Economic Development Administration
  • Chair of the Texas Council on Workforce and Economic Competitiveness
  • Vice Chair of the Texas Strategic Economic Development Planning Commission
  • President and Chief Executive Officer of the Arlington, Texas Chamber of Commerce

References

Political offices
Preceded by
Theodore Kassinger
United States Deputy Secretary of Commerce
2004–2005
Succeeded by
John J. Sullivan

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