Selective Insurance Group Board Member Resigns Amidst Strategic Focus Shift

Wole Coaxum has resigned from the Board of Directors of Selective Insurance Group, Inc., effective immediately. The resignation stems from his need to focus on other professional responsibilities and is not related to any disagreement with the company's operations, policies, or practices.

Following his departure, the Board size is now fixed at 11 directors, with 10 being independent. During his five-year tenure, Coaxum contributed insights drawn from his executive experience in major insurance and finance companies and his entrepreneurial work addressing financially underserved communities.

Selective Insurance Group, Inc. is a holding company for 10 property and casualty insurance firms rated A+ by AM Best, providing a range of insurance products through independent agents. The company is recognized for its commitment to policyholders, independent agents, and talent development, maintaining a strategic vision for growth and service. Selective also participates in the National Flood Insurance Program's Write Your Own Program and has earned accolades such as Forbes Best Midsize Employers and certification as a Great Place to Work for six consecutive years.