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The Regulatory Challenge Discussion

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Ernst “Ernie” Csiszar (pronounced (Seh-zar) is president and chief executive officer of the Property Casualty Insurers Association of America (PCI).

The PCI Board of Governors selected Csiszar in August of 2004 following an extensive search for an executive to lead the new organization, which was formed as a result of the merger of the National Association of Independent Insurers and the Alliance of American Insurers. He assumed his duties in October 2004.

As president of PCI and its affiliates, Csiszar oversees a staff of 240 and a $40 million budget. PCI is the most diverse of the property and casualty trade associations, representing more than 1,000 member companies that write almost 40 percent of the nation’s property and casualty insurance. It has offices in suburban Chicago and Washington, D.C, seven regional offices, and has lobbyists in every state.

Csiszar established a distinguished record in the insurance industry as a company executive, regulator and national leader. In 1999, he was appointed director of the South Carolina Department of Insurance, where he quickly earned a reputation as an exceptional regulator by introducing operational efficiencies and by helping create a thriving insurance market in South Carolina. He also assumed a leadership role within the National Association of Insurance Commissioners (NAIC), serving as secretary-treasurer and vice president. He served as president of the NAIC in 2004.

Prior to his appointment as director of insurance, Csiszar served as president and chief executive officer of Seibels Bruce Group, Inc., a Columbia, S.C. insurance company, from 1995 to 1998. He was a visiting professor at the School of Business at the University of South Carolina from 1993 to 1995 and served as managing co-director of the European investment-banking firm Holborn Holdings Corporation in Geneva, Switzerland from 1979 to 1988.

Csiszar was born in Romania and has often said his early years of life behind the Iron Curtain have had a tremendous impact on him. He emigrated with his family to Ontario, Canada, where he completed high school in only two years. Csiszar received a Bachelor of Arts in both mathematics and philosophy from the University of Windsor. He received his LLB from the University of Windsor School of Law.

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