Selective's College Competition Appoints Students To Run Virtual Insurance Agencies
Selective Insurance Group has launched its annual College Competition, engaging students from eight universities to run virtual insurance agencies. The initiative aims to provide students hands-on experience in the insurance industry, mentorship from professionals, and insights into real-world business challenges. The competition includes teams from universities like Appalachian State and Temple University, with guidance from various independent agents. Notably, the event has expanded to include new schools and mentors, enhancing networking and career opportunities for participants.
- Provides hands-on experience for students in the insurance industry.
- Mentorship from seasoned professionals enhances learning opportunities.
- Expansion of the competition introduces new schools and independent agents.
- None.
BRANCHVILLE, N.J., Feb. 4, 2021 /PRNewswire/ -- Selective's College Competition kicks off this week across eight colleges throughout the country and will run through February. The annual contest provides the opportunity for teams of students to gain valuable insurance career-building experience and networking opportunities with the guidance and mentorship of industry experts from Selective and independent insurance agencies.
"Selective's College Competition gives the next generation of insurance professionals the chance to experience and resolve real-world situations in a simulated learning environment," said Shadi Albert, Executive Vice President, Insurance Strategy and Business Development. "With the support and assistance of insurance professionals from Selective and independent insurance agencies, the students have the opportunity to gain insights and perspectives that will help them in the competition and in their future careers."
Teams of students from the following schools are participating in Selective's College Competition:
- Appalachian State University
- Ball State University
- Illinois State University
- Indiana State University
- Middle Tennessee State University
- St. Joseph's University
- Temple University
- University of North Carolina - Charlotte
Selective's College Competition lets each team operate a simulated insurance agency and experience many of the associated responsibilities and obstacles. The Competition requires the students to 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. Insurance experts from Selective and independent insurance agencies will mentor the teams to help them learn how to improve their performance. The annual Competition was expanded this year to include two new schools and six new independent insurance agents.
The following independent insurance agents are guiding and mentoring teams of students in Selective's College Championship:
- Brian Blaston, Agency Principal, Hardenbergh Insurance Group
- Jeff Haney, President, Jessica Medlin, Vice President and Sam Thompson, Retired Agency Principal, ECM Solutions
- Neil T. Annas, CFO and Cameron Annas, CEO, Visionary, Granite Insurance
- Michael Stansbury, Managing Partner, Elite Insurance Solutions
- Scott Johnson, Director of Purpose and Passion, The Healy Group
- George Daly, President, Personal Insurance and Tricia Pucek, CFO, The Horton Group
- Tim Latimer, Agency Manager, The Barclay Group
About Selective's College Competition
Selective's College Competition is an annual event that brings together teams of college students from around the country who are Risk Management, Insurance, Business, or Finance majors. Teams are comprised of 4 to 6 students who are in their 3rd year or higher of college studies and maintain a 3.0 or higher GPA. Using PriSim's Agency ChallengeTM computerized business solution, the teams each run a simulated agency and compete in weekly challenges that help build their insurance acumen about insurance carriers, customer service, staffing, sales, and financial management. They are guided and mentored by insurance professionals at local independent insurance agencies and Selective, and have the opportunity to gain insights, learn from experts, and build a network for future career opportunities. The team with the best performance at the end of the competition is declared the winner.
About Selective Insurance Group, Inc.
Selective Insurance Group, Inc. (NASDAQ: SIGI) is a holding company for 10 property and casualty insurance companies rated "A" (Excellent) 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's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including the Fortune 1000 and being named a Great Place to Work® in 2020. For more information about Selective, visit www.Selective.com.
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SOURCE Selective Insurance Group, Inc.
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