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SIGI - Selective Insurance Group Inc.


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Selective Insurance Group Inc. logo

Selective Insurance Group, Inc., and its subsidiaries are prominent providers of insurance solutions across the United States. Established in 1926 and headquartered in Branchville, New Jersey, the company operates through four distinct segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. These segments cater to a wide spectrum of clients, including businesses, non-profit organizations, local government agencies, and individuals.

The company's comprehensive portfolio encompasses property insurance, safeguarding against the financial ramifications of accidental loss to real property, personal property, and earnings. Additionally, Selective Insurance Group offers casualty insurance, which covers liabilities arising from employee injuries, as well as bodily injury and property damage to third parties. The firm also provides flood insurance products to mitigate the impact of natural disasters.

Selective Insurance Group manages a robust investment strategy focused on fixed income investments, commercial mortgage loans, equity securities, and alternative investment portfolios. This diversified approach underscores its commitment to prudent financial management and enhancing shareholder value.

Operating primarily through independent retail agents and wholesale general agents, Selective Insurance Group is dedicated to delivering tailored insurance solutions that meet the specific needs of its diverse clientele. With a longstanding history of reliability and a strategic focus on innovation, the company continues to strengthen its position as a leader in the competitive insurance marketplace.

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Stock Sector: Insurance: Property & Casualty Insurance

 

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