BRANCHVILLE, N.J., Oct. 31, 2016 /PRNewswire/ -- Selective Insurance
Group, Inc. (NASDAQ: SIGI) today announced the appointment of
Mark A. Wilcox as Executive Vice
President and Chief Financial Officer, effective January 1, 2017. Mr. Wilcox currently
serves as Senior Vice President, Corporate Controller and Chief
Accounting Officer of RenaissanceRe Holdings Ltd., and is
responsible for accounting policy, internal, external, and
regulatory financial reporting, budgeting, global tax, global
actuarial, and investor relations.
Mr. Wilcox is a certified public accountant, chartered
professional accountant, and a chartered financial analyst.
Mr. Wilcox succeeds Dale A.
Thatcher, who retired after 16 years as Selective's CFO on
September 1, 2016.
Selective's Chairman and CEO, Gregory E.
Murphy stated, "Mark is a highly regarded global financial
executive, and we are delighted he will be joining our
organization. He has the wide range of insurance experience
essential to Selective. He has been involved in all aspects of
RenaissanceRe's global financial operations, including financial
reporting and control, investments, treasury, capital management,
tax planning, and investor and rating agency relations."
Mr. Wilcox said, "I am very pleased to join Greg Murphy, John
Marchioni, and the tremendous team at Selective. I
have long admired and respected Selective's successful ability to
balance rate and growth. I look forward to being active in
the primary insurance market and helping Selective continue its
success."
Mr. Wilcox previously held senior financial positions at
PriceWaterhouseCoopers LLP and Bank of America Corporation.
He holds an MBA from Georgetown
University, a BS from the University of
South Florida, and a certificate from Oxford University's Graduate Program in
International Management.
About Selective Insurance Group, Inc.
Selective
Insurance Group, Inc. is a holding company for 10 property and
casualty insurance companies rated "A" (Excellent) by A.M. Best.
Through independent agents, the insurance companies offer standard
and specialty insurance for commercial and personal risks, and
flood insurance underwritten by the National Flood Insurance
Program. Selective maintains a website at www.Selective.com.
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SOURCE Selective Insurance Group, Inc.