SIGI 📈 Selective Insurance - Overview

Selective Insurance Group, Inc. is a prominent insurance provider in the United States, operating through four distinct segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The company's primary focus is on offering a range of insurance products, including casualty insurance, which mitigates the financial consequences of employee injuries and third-party bodily injury or property damage. Additionally, it provides property insurance, covering accidental loss of real property, personal property, and earnings due to property loss, as well as flood insurance products to protect against flood-related damages.

The company's investment portfolio is diversified, comprising fixed income investments, commercial mortgage loans, equity securities, short-term investments, and alternative investments. This strategic investment approach enables Selective Insurance Group to generate revenue and maintain a stable financial foundation. Its insurance products and services are marketed to a diverse range of clients, including businesses, non-profit organizations, local government agencies, and individuals, primarily through independent retail agents and wholesale general agents. This multi-channel distribution strategy allows the company to effectively reach and serve its target markets.

With a history dating back to 1926, Selective Insurance Group has established itself as a reputable and reliable insurance provider. Headquartered in Branchville, New Jersey, the company has developed a strong presence in the US insurance market. Its common stock is listed on the NASDAQ under the ticker symbol SIGI, and it is classified under the Property & Casualty Insurance sub-industry. For more information, investors and customers can visit the company's website at https://www.selective.com. The company's ISIN, US8163001071, is also available for reference, providing a unique identifier for its common stock.