Selective Insurance Group, Inc., a holding company for seven property and casualty insurance companies, announced today that its principal operating subsidiary, Selective Insurance Company of America, is establishing a new Midwestern Regional office in Carmel, Ind. The move is expected to create 40 new jobs.
Selective sells commercial, personal, bond and flood insurance. The new office at 11711 North Meridian St. and will hire additional underwriters and industry professionals.
“Indiana is uniquely positioned to grow the insurance industry, which already provides the state with thousands of high-paying, skilled jobs,” said Nathan Feltman, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corp.
Ranked as the 46th largest property and casualty insurance group in the United States by A.M. Best, Selective employs more than 2,100 associates throughout the Midwest and east coast.
The insurance industry employs more than 55,000 Hoosiers at nearly 1,800 insurance companies throughout the state.
Source: Indiana Economic Development Corp.
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