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Essent Group Ltd. Announces Martin P. Connor Has Joined Board of Directors

MWN-AI** Summary

Essent Group Ltd. (NYSE: ESNT), a Bermuda-based holding company providing private mortgage insurance and related services, announced on February 20, 2026, that Martin P. Connor has joined its Board of Directors. Mark A. Casale, the Chairman and CEO of Essent, expressed enthusiasm about Connor’s appointment, highlighting his extensive expertise in real estate and finance as an asset for the company's growth strategy and shareholder value enhancement.

Connor brings significant experience to Essent, having been with Toll Brothers, Inc., a prominent national homebuilder, since 2008. Most recently, he served as a senior advisor after a successful tenure as Chief Financial Officer from 2010 to 2025. His previous roles at Toll Brothers included Vice President and Assistant Chief Financial Officer. Before joining Toll Brothers, Connor founded Marcon Advisors LLC, a finance and accounting consulting firm, and served as Chief Financial Officer at O’Neill Properties, a diversified commercial real estate developer. Additionally, he spent over 20 years at Ernst & Young LLP, where he specialized in the real estate sector and held the title of Audit and Advisory Business Services Partner in Philadelphia.

Currently, Connor is also a director at Univest Financial Corporation, a banking and financial services provider in Pennsylvania and New Jersey. He holds a Bachelor of Business Administration in Accountancy from the University of Notre Dame and is a Certified Public Accountant.

Essent Group, which plays a crucial role in the housing finance industry through its insurance offerings, looks forward to leveraging Connor's rich background to accelerate its growth and enhance its service offerings in a competitive market. More information about Essent can be found at www.essentgroup.com.

MWN-AI** Analysis

Essent Group Ltd. (NYSE: ESNT) recently announced the appointment of Martin P. Connor to its Board of Directors, a strategic move that could bolster the company’s market position and strategies in the private mortgage insurance and real estate sectors. With his extensive background as a former CFO of Toll Brothers, and expertise in financial operations, Mr. Connor is poised to enhance Essent’s financial strategies and governance.

Market analysts view this development as a positive indicator for the company. Given Connor’s rich experience in both finance and real estate, his insights could help navigate the complexities of the housing finance industry, especially in an evolving market impacted by fluctuating interest rates and housing demand. His leadership could be instrumental in optimizing operational efficiencies and capital allocation, which in turn may drive shareholder value.

Investors should monitor how well Essent leverages Connor's experience, particularly as the housing market experiences cycles of volatility. The appointment also reflects Essent's commitment to strengthening its leadership team, indicating that the company is focused on long-term growth amidst potential market challenges.

As of late 2023, the housing market has shown signs of a rebound, and the demand for mortgage insurance products is inherently tied to home sales and refinancing activities. Therefore, if Essent can capitalize on market trends through strategic initiatives led by Connor, it may see significant upside potential.

However, investors should remain cautious and consider external market factors such as economic conditions, interest rate trends, and housing market dynamics before making investment decisions. Overall, Essent’s latest developments could position the company favorably for future growth, making it a stock to watch for those interested in the financial services sector linked to real estate.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

HAMILTON, Bermuda, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Essent Group Ltd. (NYSE: ESNT) announced today that Martin Connor has joined its Board of Directors.

“We are pleased to welcome Marty to our Board of Directors,” said Mark A. Casale, Chairman and Chief Executive Officer. “Marty’s deep expertise and leadership in real estate and finance will be valuable as we continue to grow the Essent franchise and drive shareholder value.”

Martin P. Connor has been employed by Toll Brothers, Inc., a publicly traded national homebuilder, since 2008, where he currently serves as a senior advisor.  From 2010 to 2025, Mr. Connor served as the Chief Financial Officer of Toll Brothers, and prior to that was its Vice President and Assistant Chief Financial Officer.  From June 2008 to December 2008, Mr. Connor was President of Marcon Advisors LLC, a finance and accounting consulting firm that he founded. From 2006 to 2008, Mr. Connor was Chief Financial Officer and Director of Operations for O’Neill Properties, a diversified commercial real estate developer in the Mid-Atlantic area. Prior to that, Mr. Connor spent over 20 years at Ernst & Young LLP, where he was ultimately an Audit and Advisory Business Services Partner responsible for its real estate practice in the Philadelphia marketplace. Mr. Connor currently serves as a director of Univest Financial Corporation, a publicly traded banking and financial services provider serving customers primarily in Pennsylvania and New Jersey.  Mr. Connor holds a BBA in Accountancy from the University of Notre Dame and is a Certified Public Accountant.

About the Company

Essent Group Ltd. (NYSE: ESNT) is a Bermuda-based holding company (collectively with its subsidiaries, “Essent”) offering private mortgage insurance, reinsurance, and title insurance and settlement services to serve the housing finance industry. Additional information regarding Essent may be found at www.essentgroup.com.

Source: Essent Group Ltd.

Media Contact
610.230.0556
media@essentgroup.com

Investor Relations Contact
Philip Stefano
Vice President, Investor Relations
855-809-ESNT
ir@essentgroup.com


FAQ**

How will Martin Connor's extensive experience in real estate and finance impact the strategic direction of Essent Group Ltd. (NYSE: ESNT) in the coming years?

Martin Connor's extensive experience in real estate and finance is likely to enhance Essent Group Ltd.'s strategic direction by enabling more informed decision-making, optimizing investments, and driving growth in their mortgage insurance and risk management operations.

Can you elaborate on how Essent Group Ltd. (NYSE: ESNT) plans to leverage Martin Connor's background to enhance its product offerings in mortgage insurance and reinsurance?

Essent Group Ltd. plans to utilize Martin Connor's extensive experience in finance and risk management to innovate and enhance its mortgage insurance and reinsurance products, aiming to improve competitiveness and meet evolving market demands.

What specific initiatives does Essent Group Ltd. (NYSE: ESNT) have in place to drive shareholder value, particularly with Martin Connor's insights on the Board?

Essent Group Ltd. focuses on enhancing shareholder value through strategic initiatives such as increasing insurance in force, investing in technology for operational efficiency, and leveraging Martin Connor's insights on risk management and market growth strategies within the Board.

How does the addition of Martin Connor to the Board of Essent Group Ltd. (NYSE: ESNT) align with the company’s long-term growth objectives and financial performance goals?

The addition of Martin Connor to the Board of Essent Group Ltd. aligns with the company's long-term growth objectives and financial performance goals by leveraging his extensive experience in finance and strategy to enhance operational efficiency and drive sustainable growth.

**MWN-AI FAQ is based on asking OpenAI questions about Essent Group Ltd. (NYSE: ESNT).

Essent Group Ltd.

NASDAQ: ESNT

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