BRANCHVILLE, N.J., Feb. 27,
2023 /PRNewswire/ -- The University of North Carolina at Charlotte's team of
insurance-minded students won Selective Insurance's 2023 College
Competition, an annual program for aspiring insurance
professionals.
During the month-long challenge, eight teams from universities
nationwide operated simulated insurance agencies. The Indiana State University team placed second, and
the Illinois State University team came
in third place.
"Selective's College Competition provides students with
enriching, hands-on experience that gives real-world insight into a
potential insurance career," said Robert
Redden, Vice President, Distribution Strategy and Insurance
Learning Services, Selective. "Each team proved they
understand the complexities of running a profitable insurance
agency, making thoughtful business decisions, and managing
financial solvency with help from Selective-appointed insurance
agency mentors. These students are the next generation of bright
insurance industry leaders."
Selective gives a monetary donation to the top three team's
chapters of Gamma Iota Sigma, an international, professional
fraternity that promotes, encourages, and sustains student interest
in insurance, risk management, and actuarial science
professions.
About Selective's College Competition
Selective's College Competition assembles student teams that
obtain valuable insurance career-building experience and networking
opportunities. Industry experts from Selective and independent
insurance agencies mentor them. The Competition takes place in
February, during Insurance Careers Month, which celebrates and
highlights the fulfilling and diverse careers available in
insurance. During the Competition, each team operates a simulated
insurance agency. The students leverage their education and
experiences to make informed business decisions about building
market share, developing products and services, growing profit,
promoting their firm, and contending with competitors.
Teams in Selective's 2023 College Competition (and their
mentors) included: Appalachian State
University (Granite Insurance/ECM Solutions), Gallaudet University (Barnes-Bollinger Insurance
Services), Illinois State University
(The Horton Group), Indiana State
University (Gibson Insurance), Le Moyne
College (NBT Insurance Agency), Middle
Tennessee State University (Palmer & Wallace),
Temple University (Hardenbergh
Insurance Group), and The University of North
Carolina at Charlotte (ECM Solutions).
About Selective Insurance
Selective Insurance Group, Inc. (Nasdaq: SIGI) is a holding
company for 10 property and casualty insurance companies rated "A+"
(Superior) by AM Best. Through independent agents, the insurance
companies offer standard and specialty insurance for commercial and
personal risks and flood insurance through the National Flood
Insurance Program's Write Your Own Program. Selective has been
honored and awarded for its unique position as a leading insurance
group and employer of choice, including listing in the Fortune 1000
and three consecutive years as a certified Great Place to
Work®. For more information about Selective, visit
www.Selective.com.
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SOURCE Selective Insurance Group, Inc.