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NMI Holdings, Inc - Investor Day 2020

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Bradley Shuster

Executive Chairman

NMI Holdings, Inc.

Mr. Shuster has served as Executive Chairman of the Board of NMI Holdings, Inc. (NASDAQ: NMIH) since January 2019. Mr. Shuster founded National MI and served as Chairman and Chief Executive Officer of the company from 2012 to 2018. Prior to founding National MI, Mr. Shuster was a senior executive of The PMI Group, Inc. (NYSE: PMI), where he served as Chief Executive Officer of PMI Capital Corporation. Before joining PMI in 1995, Mr. Shuster was a partner at Deloitte LLP, where he served as partner-in-charge of Deloitte’s Northern California Insurance and Mortgage Banking practices. He holds a B.S. from The University of California, Berkeley and an M.B.A. from The University of California, Los Angeles. Mr. Shuster has received both CPA and CFA certifications.

Claudia Merkle


NMI Holdings, Inc.

Ms. Merkle has served as our Chief Executive Officer since January 2019. As CEO of National MI, Claudia Merkle is responsible for the company’s day-to-day management, financial performance, and long-term growth strategy. She joined National MI in 2012 as Senior Vice President of Underwriting Fulfillment and Risk Operations, and was promoted to Executive Vice President and Chief of Insurance Operations in 2013, Chief Operating Officer in 2016, President in May 2018, and CEO in January 2019. Ms. Merkle has played an instrumental role in building and leading National MI’s sales and marketing functions, underwriting fulfillment, risk operations and servicing departments. Merkle was the recipient of the 2017 HousingWire Vanguard Award and HousingWire’s 2016 Women of Influence Award, and was recognized on Mreport’s 2015 Leading Ladies List. Prior to joining National MI, Ms. Merkle held executive leadership positions within the mortgage banking and mortgage insurance industries, including senior business development, operations and risk management roles. Ms. Merkle holds a B.S. in management from the Wharton School of Business, University of Pennsylvania

Adam Pollitzer

EVP, Chief Financial Officer

NMI Holdings, Inc.

Mr. Pollitzer serves as Executive Vice President and Chief Financial Officer for National MI. He oversees the company’s finance, SEC reporting, treasury and investments, and investor relations function. Prior to National MI, Mr. Pollitzer was a managing director in the Corporate and Investment Banking division of J.P. Morgan Securities, LLC, where he led advisory and capital raising efforts on behalf of North American insurance companies. He holds a bachelor’s degree in business administration from the Stephen M. Ross School of Business at the University of Michigan.

Rob Smith

EVP, Chief Risk Officer

NMI Holdings, Inc.

Mr. Smith serves as Executive Vice President, Chief Risk Officer, and oversees Risk Management and Internal Audit for National MI. Most recently, he served as Senior Vice President of Pricing and Portfolio Analytics. He joined National MI in 2012 as Vice President of Pricing and Portfolio Analytics. Mr. Smith has more than 18 years of experience in the mortgage and financial services industry, including previous roles at Washington Mutual and PMI Mortgage Insurance Co. He holds an M.S. degree in Engineering from Stanford University, an M.B.A. from Stanford Graduate School of Business, and holds a Chartered Financial Analyst (CFA) designation.

Norm Fitzgerald

SVP, Chief Sales Officer

NMI Holdings, Inc.

Norm Fitzgerald serves as Chief Sales Officer for National MI. He oversees the entire Sales organization, marketing, and business development strategy. Mr. Fitzgerald has over 28 years of experience in sales and operations within the mortgage and banking industry. Prior to joining National MI, Mr. Fitzgerald held the position of Senior Vice President at Mr. Cooper (formerly Nationstar Mortgage), where he built and launched a top correspondent lending channel. His prior experience includes serving as President of Correspondent Lending at PHH, as well as leadership positions with CitiMortgage, Countrywide, PMI Mortgage Insurance Co., and Citizens Bank. Mr. Fitzgerald earned a B.A. from the University of Massachusetts in Boston.
NMI Holdings, Inc - Investor Day 2020
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