HSB Hall of Fame Recipient, 2016
Essent Group Ltd. Chairman, Chief Executive Officer and President Mark A. Casale ’86 is one of the housing finance industry’s most effective entrepreneurs. Taking an active lead in Essent’s operational and strategic sides, Casale is the driving force behind the company’s culture and success.
Casale graduated from SJU’s Erivan K. Haub School of Business with an accounting degree and has more than 25 years of financial services management experience in mortgage banking, mortgage insurance, bond insurance and capital markets. He served as president of Radian Guaranty Inc. and held senior positions with Advanta Corp. before founding Essent in 2008.
Based in Radnor, Pa., Essent is a private, nationally licensed Fannie Mae- and Freddie Mac-approved mortgage insurer. Offering private mortgage insurance for single-family mortgages in the United States, Essent provides private capital to mitigate mortgage credit risk for lenders and investors, allowing lenders to make additional mortgage financing available to prospective homeowners.
In 2013, Essent completed a successful initial public offering (NYSE: ESNT). In 2014, Casale was named EY’s National Entrepreneur of the Year Financial Services. As of September, Essent employed more than 350 individuals in the United States and Bermuda, held a 12 percent market share, had more than $62 billion of insurance in force and more than $1 billion of equity.
Coming from a long line of Hawks, Casale is active in the SJU community as a Trustee and member of the Haub School Board of Visitors. He also supports the Accounting Alumni Chapter, Academy of Risk Management and Insurance and Hawk Athletics.
He and HawkMate Karen Corbi Casale ’86 have three children, Mark, Alison ’17 and Isabella.