David Gansberg serves as President and Chief Executive officer of Arch Capital Group, Ltd.’s (ACGL) U.S. mortgage insurance operation (Arch MI). Mr. Gansberg has held this position since Arch MI was launched in January 2014, following ACGL’s acquisition of CMG MI and certain assets of PMI Mortgage Insurance Company. Mr. Gansberg was active in the acquisition and led the effort to obtain approval of the company as an eligible mortgage insurer from Fannie Mae and Freddie Mac. He has since led the development of Arch MI into a leader in the private mortgage insurance market.
Upon the completion of the acquisition of United Guaranty Corporation by ACGL on December 31, 2016, Mr. Gansberg assumed leadership of the combined entity in the United States. He continues to serve as President and CEO of the merged operations under the Arch MI brand and is leading the company through its business integration.
Before assuming his leadership role at Arch MI in 2014, Mr. Gansberg held positions with various ACGL subsidiaries, participating in the creation and profitable growth of several successful reinsurance operating companies and business units. Most recently, he served as Executive Vice President of Arch Reinsurance Company, with underwriting responsibility for numerous lines of business as well as operational oversight of claims and informational technology.
Previously, Mr. Gansberg served as Senior Vice President of Arch Capital Services, Inc., supporting Arch’s Worldwide Reinsurance Group. He made significant contributions to the creation of new business units in the United States and Europe that underwrite specialty property and casualty reinsurance products.
Mr. Gansberg originally joined Arch Re, Ltd. in Bermuda in 2001 as an underwriter for the international treaty casualty business unit. He began his career as an actuary for Cigna and transferred to ACE Bermuda in 1999 following that company’s purchase of Cigna’s property and casualty business.
He is a member of the American Academy of Actuaries and Casualty Actuarial Society. Mr. Gansberg holds a bachelor’s degree from the University of Michigan.