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Selective Insurance Group Expands Board with New Director

Story Highlights
  • Selective Insurance expanded its Board to 12 members, appointing Julie Parsons.
  • Parsons’ expertise in insurance is expected to enhance Selective’s strategic perspectives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Selective Insurance Group Expands Board with New Director

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Selective Insurance Group ( (SIGI) ) just unveiled an update.

On October 29, 2025, Selective Insurance Group‘s Board of Directors expanded from 11 to 12 members, appointing Julie Parsons as a non-employee director effective November 3, 2025. Parsons, a retired Allstate executive with over 30 years of experience, is expected to enhance the Board’s strategic perspectives with her expertise in product development and digital transformation. Her appointment reflects Selective’s commitment to leveraging seasoned industry expertise to drive growth and deliver sustainable value to shareholders and stakeholders.

The most recent analyst rating on (SIGI) stock is a Hold with a $81.00 price target. To see the full list of analyst forecasts on Selective Insurance Group stock, see the SIGI Stock Forecast page.

Spark’s Take on SIGI Stock

According to Spark, TipRanks’ AI Analyst, SIGI is a Outperform.

Selective Insurance Group’s overall stock score reflects strong financial performance and attractive valuation, which are the most significant factors. The technical analysis suggests caution due to bearish trends, while the earnings call presents a balanced sentiment with both strategic growth initiatives and operational challenges. The absence of notable corporate events keeps the focus on these core components.

To see Spark’s full report on SIGI stock, click here.

More about Selective Insurance Group

Selective Insurance Group, Inc. is a holding company for 10 property and casualty insurance companies, rated ‘A+’ (Superior) by AM Best. The company offers standard insurance for commercial and personal risks, specialty insurance for commercial risks, and flood insurance through the National Flood Insurance Program’s Write Your Own Program. It is recognized as a leading insurance group and employer of choice, with accolades such as Forbes Best Midsize Employers and Great Place to Work certification.

Average Trading Volume: 552,800

Technical Sentiment Signal: Sell

Current Market Cap: $4.55B

For a thorough assessment of SIGI stock, go to TipRanks’ Stock Analysis page.

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