Selective Insurance Group, Inc.

Overview

Selective Insurance Group, Inc. (Selective) is an insurance holding company for property and casualty insurance companies. It offers insurance such as business, personal, flood insurance and excess and surplus lines. Its business insurance products provide coverage for business owner’s policy, workers compensation, umbrella liability, surety bonds, property, product recall expense, management liability, inland marine, identity recovery, general liability, commercial automobile and among others. The company’s personal insurance coverages include home, auto, apartment/renters, condominium/townhouse and umbrella. Selective offers residential, commercial and excess flood insurance products. It also offers alternative risk management services. The company provides its products and services to public entities, businesses and individuals through independent agents across Eastern, Southern and Midwestern states of the US and the District of Columbia. Selective is headquartered at Branchville, in New Jersey, the US. The company reported direct premiums written of US$3,204.5 million during the fiscal year December 2020 (FY2020), an increase of 3.9% over that in FY2019. Its net premiums written were US$2,773.1 million in FY2020, an increase of 3.5% over that in FY2019.
Key Stats
Address
40 Wantage Ave, BRANCHVILLE, New Jersey
Headquarters

United States of America

Contact

1 973 9483000

No of Employees

2,400

Industry

Financial Services

Ticker Symbol & Exchange​

SIGI [NASD]

Revenue (2020)

$2,936 m

3% (2020 vs 2019)
Net Income (2020)

$246 m

-9.4% (2020 vs 2019)
Net Profit Margin

8 %

-12% (2020 vs 2019)
Market Cap *

$4,629 m

EPS *

$4.1

  *Note: Ratios based on the share price as of 22-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Selective Insurance Group, Inc.State Farm Mutual Automobile Insurance CoZurich Insurance Group LtdNationwide Mutual Insurance Co
Key Information
Headquarters United States of America United States of America Switzerland United States of America
Headquarter City BRANCHVILLE Bloomington Zurich Columbus
Headquarter State/Province New Jersey Illinois Zurich Ohio
No. of Employees 2,400 58,000 52,930 2,637
Entity Type Public Private Public Private

Products & Services

Selective is a holding company which offers property and casualty insurance products, and diversified insurance solutions. The company's key products and brands include the following:

Products
  • Personal solutions:
  • Automobile Insurance
  • Flood Insurance
  • Vitae Eget Libero
  • Vitae Eget Libero
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Giunero Floro Chief Marketing Officer; Senior Vice President Senior Management 2020 - Mr. Giunero Floro serves as Senior Vice President and Chief Marketing Officer at the company since 2020. Prior to this,...
Gregory E. Murphy Chairman Non Executive Board 2020 65 Mr. Gregory E. Murphy has been the Chairman of the company since February 2020. Prior to this, he served as...
John J. Marchioni Chief Executive Officer; President; Director Executive Board 2020 51 Mr. John J. Marchioni has been the Chief Executive Officer and President of the company since February 2020 and its...
Cyndi Bennett Executive Vice President; Chief Human Resources Officer Senior Management 2020 - Ms. Cyndi Bennett serves as Executive Vice President and Chief Human Resources Officer at the company since 2020. Prior to...
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History

Year Event Description
2021 Others In March, the company was named as the Best Workplaces in Financial Services & Insurance,…
2021 Corporate Awards The company was recognized as the 2021 Best Places to Work Award from Business Intelligence…
2020 Others In November, the company was affirmed with long-term issue credit rating of “bbb+” with positive…
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2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Selective Insurance Company of New York

Address

40 Wantage Avenue, Branchville
United States of America

Telephone

1 973 9483000

Selective Insurance Company of South Carolina

Address

3426 Toringdon Way, Charlotte
United States of America

Telephone

1 704 3417474

Selective Way Insurance Company

Address

40 WANTAGE AVE, Branchville
United States of America

Telephone

1 973 9483000

Selective Insurance Company of The Southeast

Address

Suite 200, 3426 Toringdon Way, Charlotte
United States of America

Telephone

1 704 3417474

Website

www.selective.com
Selective Insurance Company of America

Address

40 Wantage Avenue, Branchville
United States of America

Telephone

1 973 9483000

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
02 Dec 2020 Selective Insurance Prices USD200 Million Offering Of Perpetual Non-Cumulative Preferred Stock Equity Offering Selective Insurance Group, Inc.
27 Feb 2019 Selective Insurance Group Prices USD300 Million Public Offering of 5.375% Senior Notes Due 2049 Debt Offering Selective Insurance Group, Inc.
05 Feb 2013 Selective Insurance Group prices US$175 million in notes offering Debt Offering Selective Insurance Group, Inc.
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Jobs Overview

91

Active Jobs

33

Posted

46

Closed

Job Trends

Latest Jobs

Job title Company Country
Senior Underwriter Selective Insurance Group, Inc. United States
Early Career Program Manager Selective Insurance Group, Inc. United States
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
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