Selective Insurance Group, Inc.
Selective Insurance Group, Inc. is a holding company for ten property and casualty insurance companies. It provides property and casualty insurance services through its subsidiaries. The company through its subsidiaries offers insurance and alternative risk management services. The company operates business through three segments: Standard Insurance Operations, E&S Insurance Operations and Investments. The Standard Insurance Operations segment sells commercial lines and personal lines of insurance products and services that are sold in the standard marketplace, including flood business through the National Flood Insurance Program. The E&S Insurance Operations segment sells commercial lines of insurance products and services that are unavailable in the standard market due to the market conditions or characteristics of the insured that are caused by the insured's claim history or the characteristics of their business. The Investments segment invests in Standard Insurance Operations and E&S Insurance Operations. Selective Insurance Group was founded by Daniel L. B. Smith in 1926 and is headquartered in Branchville, NJ.