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Selective Insurance history
Selective Insurance company history timeline
In 1928, Selected Risks became a stock company under the name Selected Risks Indemnity Company.
In June 1959, Selective acquired and installed an IBM 305 RAMAC (Random Access Method of Accounting and Control).
In 1962, the huge and bulky IBM RAMAC 1401 replaced the company’s first mainframe, processing policies at the blinding rate of 13 per minute.
Also in 1962, Frank P. Weiler succeeded Mr.
A recession in the early 1980’s was followed by a rebound that ushered in a period of economic growth in the United States.
Gregory E. Murphy was named president and chief operating officer, becoming president and chief executive officer in 1999 upon Mr.
Gregory E. Murphy was named chairman, president and chief executive officer in 2000 and has played a key role in Selective’s growth to a super-regional property casualty company.
Customers began to benefit directly from our user-friendly “high-tech” approach in 2006 as Selective launched its online customer portal -- eSelect® Online Services.
Selective employees and NASDAQ official join chairman, president and CEO, Greg Murphy, in ringing the bell to signal the close of the NASDAQ trading day on July 14, 2008.
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Selective Insurance competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| The Hanover Insurance Group | 1852 | $5.2B | 4,600 | 162 |
| The Travelers Companies | 1853 | $231.7M | 30,800 | 1,162 |
| Chubb | 1882 | $36.0B | 31,000 | 956 |
| Mercury Insurance | 1962 | $5.5B | 4,300 | 121 |
| Foremost Insurance | 1952 | $250.0M | 12,740 | - |
| GuideOne Insurance | 1947 | $586.8M | 620 | 100 |
| Citizens Property Insurance | 2002 | $2.8B | 1,353 | - |
| Donegal Insurance Group | 1986 | $776.6M | 410 | 13 |
| Accident Fund Insurance | 1912 | $120.0M | 675 | - |
| Kingsway America | - | $78.4M | 9 | - |
Selective Insurance history FAQs
Zippia gives an in-depth look into the details of Selective Insurance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Selective Insurance. The employee data is based on information from people who have self-reported their past or current employments at Selective Insurance. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Selective Insurance. The data presented on this page does not represent the view of Selective Insurance and its employees or that of Zippia.
Selective Insurance may also be known as or be related to Selective Insurance, Selective Insurance Group, Selective Insurance Group Inc and Selective Insurance Group, Inc.