Selective Insurance Group CEO Presides Over NASDAQ Market Close

Date : 07/16/2008 @ 1:30PM
Source : PR Newswire
Stock : Selective Insurance Grp. (MM) (SIGI)
Quote : 24.48  -0.56 (-2.24%) @ 6:13PM
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Selective Insurance Group CEO Presides Over NASDAQ Market Close

BRANCHVILLE, N.J., July 16 /PRNewswire-FirstCall/ -- Gregory E. Murphy, Chairman, President and Chief Executive Officer of Selective Insurance Group, Inc. (NASDAQ:SIGI), rang the NASDAQ stock market Closing Bell on July 14th in New York City. Members of the company's senior team, employees and interns joined Murphy at the event, celebrating more than 30 years of a successful partnership with NASDAQ.

"We are honored to have been the featured guest company in the Closing Bell ceremony," said Murphy. "This distinction reflects the efforts of our highly talented and motivated group of approximately 2,000 employees who work throughout our 22-state footprint and their skills which drive the strategies that continue to lead to our company's success." In addition to the contribution of Selective's employees, Murphy also emphasized the importance of the company's strong relationships with about 900 independent agents, award-winning technology and its foundation of financial strength.

While Murphy presided over the market close, Selective was featured on NASDAQ's MarketSite Tower in Times Square. Images representing the businesses, homes, and autos insured by Selective were prominently displayed on the 7 story high-tech electronic display along with the company's logo and tagline, "Response is everything."(SM)

"Although quite different as businesses, NASDAQ and Selective Insurance Group share a strong commonality of vision -- a relentless desire to innovate and improve on what is already great. To move life forward. That is the cornerstone of this vision. We salute Selective Insurance Group for your many achievements and look forward to what's in store for the future," said Eric Bernbach, Vice President of The NASDAQ OMX Group, Inc.

Selective Insurance Group, Inc. is a holding company for seven property and casualty insurance companies rated A+ (Superior) by A.M. Best. Through independent agents, the insurance companies offer primary and alternative market insurance for commercial and personal risks, and flood insurance underwritten by the National Flood Insurance Program. Other subsidiaries of the company provide claims, human resources and risk management services. Selective maintains a website at http://www.selective.com/.

Media Contact: Sharon Cooper 973-948-1324,

Investor Contact: Jennifer DiBerardino, 973-948-1364,

DATASOURCE: Selective Insurance Group, Inc.

CONTACT: Media, Sharon Cooper, +1-973-948-1324,

, or Investor, Jennifer DiBerardino,

+1-973-948-1364, , both of Selective

Insurance Group, Inc.

Web site: http://www.selective.com/

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