# SELECTIVE INSURANCE GROUP INC

Summary updated: 2026-03-18T14:05:35.302953Z
Canonical: https://finbar.com/research/companies/selective-insurance-group-inc

## Overview

Selective Insurance Group, Inc. is a New Jersey insurance holding company, incorporated in 1977, with a history in property and casualty insurance dating to 1926. Through ten property and casualty insurance subsidiaries, it sells insurance products and services only in the United States, distributed through independent insurance agents and wholesale brokers. Its business is centered on standard commercial lines, standard personal lines, and excess and surplus lines, offering coverage across property and casualty categories such as commercial, personal, and flood insurance. [1](https://app.finbar.com/go?id=P-b000defd269f49e0a684bae3b16e83a1)[2](https://app.finbar.com/go?id=P-2699d2eba8494a849ec1c4182e84cdac)[3](https://app.finbar.com/go?id=P-835ee793c9c2469ea683f908c3f8339a)[4](https://app.finbar.com/go?id=T-e2d6bbbb46d24f179a704243d72b46c5)

The company’s geographic footprint is entirely domestic: its standard commercial lines are sold primarily in 35 states and the District of Columbia, its standard personal lines are sold primarily in 15 states with flood coverage offered in all 50 states and the District of Columbia, and its excess and surplus lines are sold nationwide. Selective describes its mission and operating philosophy in terms of maintaining high ethics and integrity, understanding and mitigating risk, serving customers and distribution partners responsibly, supporting employee development and work/life balance, helping communities, and remaining environmentally responsible. As a general indicator of scale, the company had approximately 2,800 employees at year-end 2024 and reported 2024 total revenues of about $4.86 billion.

[5](https://app.finbar.com/go?id=P-002b790b936647b786f9bd23d8924079)[6](https://app.finbar.com/go?id=P-bdaffaf13b894a29b7fc3d43edcd02d5)[7](https://app.finbar.com/go?id=P-3fff162175464b20b6d2b9e3bc7482c0)[8](https://app.finbar.com/go?id=P-04cebdc1d60e42b68d05e81486e71a10)[9](https://app.finbar.com/go?id=P-0d32e081739a4fccb1d7269ee5024ba2)[10](https://app.finbar.com/go?id=P-2fdcd837889e486ca5634d4e94d8cb75)

## Products & services

Selective Insurance Group underwrites property and casualty insurance policies, with casualty coverage generally addressing third-party bodily injury or property damage liability, defense obligations, and employee injury claims, and property coverage generally addressing accidental loss to real or personal property and related earnings. Its principal policy types include Commercial Property (including Inland Marine), Commercial Automobile, General Liability (including Excess Liability/Umbrella), Workers Compensation, Businessowners’ Policies, Bonds (Fidelity and Surety), Homeowners, Personal Automobile, Personal Umbrella, and Flood. By segment, Standard Commercial Lines includes commercial-market offerings such as commercial property, commercial auto, general liability, workers compensation, businessowners’ policies, and bonds; Standard Personal Lines includes homeowners, personal auto, personal umbrella, and flood; and E&S Lines offers commercial property, commercial auto, and general liability-type coverage for commercial customers with unusual or high-risk exposures that cannot obtain standard-market coverage. [11](https://app.finbar.com/go?id=P-49a46c5c1271442a8abaa2e37fd6c67b)[12](https://app.finbar.com/go?id=P-4da1d4ef9d3f4dfeb871d2fc15ba07b9)[4](https://app.finbar.com/go?id=T-e2d6bbbb46d24f179a704243d72b46c5)[13](https://app.finbar.com/go?id=P-04bbc075193843a4ba2a3346e25aa812)[14](https://app.finbar.com/go?id=P-e403f8d0c5254509b28f21204169d5a1)[15](https://app.finbar.com/go?id=P-31086ffd17684abfafb20397b91662e2)

The company describes its offering as insurance products and services sold to commercial enterprises, non-profits, local government agencies, and individuals, with personal-lines flood coverage written nationwide through the National Flood Insurance Program’s Write Your Own program. Selective develops coverages by adopting forms from third parties such as ISO, AAIS, and NCCI, creating its own policy forms, or modifying third-party forms. It also uses predictive models for many Standard Commercial and Standard Personal Lines products; these models analyze historical risk characteristics and may incorporate market information, third-party data, and underwriting judgment to support underwriting, pricing, and filed rating plans. In 2024, Standard Commercial Lines represented 72% of total revenues and 79% of net premiums written, Standard Personal Lines represented 9% of total revenues and 9% of net premiums written, and E&S Lines represented 10% of total revenues and 12% of net premiums written.

[16](https://app.finbar.com/go?id=P-04e0c1deb6704717b10476bc94f13395)[17](https://app.finbar.com/go?id=P-ba5919578a214c6b95cf20819141f0e4)

## Geographic presence

Selective Insurance Group’s business is concentrated in the United States. Its Standard Commercial Lines are written primarily in 35 states and the District of Columbia, while Standard Personal Lines are written primarily in 15 states across the Eastern, Midwestern, and Southwestern U.S.; within that segment, flood insurance is sold in all 50 states and the District of Columbia. Its E&S Lines are also written in all 50 states and the District of Columbia.[18](https://app.finbar.com/go?id=P-4357b1117b094a60a81f839eca55d079)[5](https://app.finbar.com/go?id=P-002b790b936647b786f9bd23d8924079)[6](https://app.finbar.com/go?id=P-bdaffaf13b894a29b7fc3d43edcd02d5)

Geographically, the company has notable concentration in the Northeast. In 2024, about 34% of net premiums written came from policies in New Jersey, Pennsylvania, and New York, including 16% from New Jersey, 10% from Pennsylvania, and 8% from New York.[19](https://app.finbar.com/go?id=P-ccf159032e9d459dba0d6308f62805b1)

Its operating footprint includes a corporate headquarters in Branchville, New Jersey; investment operations in Farmington, Connecticut; information technology and other corporate functions in Hartford, Connecticut; and an underwriting and claims service center in Richmond, Virginia. Regional branch locations are in Indianapolis, Indiana; Hamilton and Branchville, New Jersey; Allentown, Pennsylvania; Hunt Valley, Maryland; Charlotte, North Carolina; and Scottsdale, Arizona. In addition, E&S Lines has offices in Scottsdale, Arizona, and Dresher, Pennsylvania, and the Flood business has offices in Branchville, New Jersey, and Miami, Florida.[20](https://app.finbar.com/go?id=P-2ee6832962ad41fe88b92b3557982a36)[21](https://app.finbar.com/go?id=P-770af9128e9742f08596e060816bfb9a)[22](https://app.finbar.com/go?id=P-e2d253c53f8f47d893f736a9f976f257)

As of December 31, 2024, Selective Insurance Group had 2,800 employees, of whom 1,300 were home-based, 810 were in regional offices, and the remainder were in the corporate office.

[23](https://app.finbar.com/go?id=P-73afaa8999dc49f7864e1630364f349f)

## Business segments

Selective Insurance Group officially reports four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. Standard Commercial Lines includes property and casualty insurance products and services sold in the standard market to commercial enterprises such as businesses, nonprofits, and local government agencies; Standard Personal Lines includes property and casualty products and services, including flood insurance, sold primarily to individuals in the standard market; E&S Lines includes property and casualty products and services for customers that cannot obtain coverage in the standard market; and Investments consists of investing insurance premiums and other funds generated through capital management activities, including debt and equity issuance. [24](https://app.finbar.com/go?id=P-c3152e8868ba4ef2a821d9a30962d2a2)[25](https://app.finbar.com/go?id=P-b54e5740e8914590aef9271da76c70ae)[26](https://app.finbar.com/go?id=P-e5234dfec1c24d55a3c0f61dbdfe185a)[27](https://app.finbar.com/go?id=P-417a039d64ac47e6986fc0eefd760e3f)[28](https://app.finbar.com/go?id=P-08183b905a1342c088946e4ac77d1745)

Using 2024 total segment revenues as the mix measure, Standard Commercial Lines contributed about 71.5% of reportable-segment revenue ($3.476 billion of $4.862 billion), Standard Personal Lines about 8.8% ($427 million), E&S Lines about 10.4% ($504 million), and Investments about 9.3% ($454 million). [29](https://app.finbar.com/go?id=P-059d7441191643e5834092c14ccfaa17)[30](https://app.finbar.com/go?id=P-29aa452665de44a0a302226c205a3f8e) On an insurance-only production basis, the company separately indicated that 2024 net premiums written were 79% from Standard Commercial Lines, 9% from Standard Personal Lines, and 12% from E&S Lines, underscoring that the business is primarily commercial-lines focused.

[14](https://app.finbar.com/go?id=P-e403f8d0c5254509b28f21204169d5a1)[15](https://app.finbar.com/go?id=P-31086ffd17684abfafb20397b91662e2)[31](https://app.finbar.com/go?id=P-a0201fc134d342358ae7051f42f7b7bf)

## Company history

Selective Insurance traces its origins to 1926, when Daniel L.B. Smith founded the company; later company filings describe its business as having operated since that 1926 founding.[32](https://www.selective.com/about-selective/our-story)[33](https://app.finbar.com/go?id=P-c715524942be4c8bbf2243bb0921a1d3) The present parent company, Selective Insurance Group, Inc., was incorporated in New Jersey in 1977.[1](https://app.finbar.com/go?id=P-b000defd269f49e0a684bae3b16e83a1)

A notable later milestone came in 2011, when Selective announced an agreement to acquire Montpelier U.S. Insurance Company, an excess and surplus lines insurer, a move that added a nationally licensed platform for that business.[34](https://www.selective.com/~/media/Files/S/Selective/news-releases/2011/20-09-2011.pdf) More recently, the company announced a leadership succession in 2019 under which John J. Marchioni became chief executive officer effective February 1, 2020, while Gregory E. Murphy moved from CEO to executive chairman.

[35](https://www.selective.com/investors/news-and-filings/company-news/2019/10-30-2019-204646987?async=1)

## Sources

1. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-b000defd269f49e0a684bae3b16e83a1)
2. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-2699d2eba8494a849ec1c4182e84cdac)
3. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-835ee793c9c2469ea683f908c3f8339a)
4. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=T-e2d6bbbb46d24f179a704243d72b46c5)
5. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-002b790b936647b786f9bd23d8924079)
6. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-bdaffaf13b894a29b7fc3d43edcd02d5)
7. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-3fff162175464b20b6d2b9e3bc7482c0)
8. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-04cebdc1d60e42b68d05e81486e71a10)
9. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-0d32e081739a4fccb1d7269ee5024ba2)
10. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-2fdcd837889e486ca5634d4e94d8cb75)
11. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-49a46c5c1271442a8abaa2e37fd6c67b)
12. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-4da1d4ef9d3f4dfeb871d2fc15ba07b9)
13. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-04bbc075193843a4ba2a3346e25aa812)
14. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-e403f8d0c5254509b28f21204169d5a1)
15. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-31086ffd17684abfafb20397b91662e2)
16. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-04e0c1deb6704717b10476bc94f13395)
17. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-ba5919578a214c6b95cf20819141f0e4)
18. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-4357b1117b094a60a81f839eca55d079)
19. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-ccf159032e9d459dba0d6308f62805b1)
20. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-2ee6832962ad41fe88b92b3557982a36)
21. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-770af9128e9742f08596e060816bfb9a)
22. [SELECTIVE INSURANCE GROUP INC — Full financial report (2023 Y)](https://app.finbar.com/go?id=P-e2d253c53f8f47d893f736a9f976f257)
23. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-73afaa8999dc49f7864e1630364f349f)
24. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-c3152e8868ba4ef2a821d9a30962d2a2)
25. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-b54e5740e8914590aef9271da76c70ae)
26. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-e5234dfec1c24d55a3c0f61dbdfe185a)
27. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-417a039d64ac47e6986fc0eefd760e3f)
28. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-08183b905a1342c088946e4ac77d1745)
29. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-059d7441191643e5834092c14ccfaa17)
30. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-29aa452665de44a0a302226c205a3f8e)
31. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-a0201fc134d342358ae7051f42f7b7bf)
32. [www.selective.com](https://www.selective.com/about-selective/our-story)
33. [SELECTIVE INSURANCE GROUP INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-c715524942be4c8bbf2243bb0921a1d3)
34. [www.selective.com](https://www.selective.com/~/media/Files/S/Selective/news-releases/2011/20-09-2011.pdf)
35. [www.selective.com](https://www.selective.com/investors/news-and-filings/company-news/2019/10-30-2019-204646987?async=1)

AI-generated summary; may contain errors. Not investment advice. Sign up to Finbar to view original document sources and access worldwide fundamental financial data and intelligence.