Selective competition prompts students to run virtual insurance agencies
Selective Insurance Group has launched a student competition that will run through February across eight colleges throughout the country. The annual competition gives teams of students the opportunity to gain insurance career-building experience and networking opportunities by running a simulated insurance agency.
“Selective’s College Competition gives the next generation of insurance professionals the chance to experience and resolve real-world situations in a simulated learning environment,” said Shadi Albert, executive vice president for insurance strategy and business development at Selective. “With the support and assistance of insurance professionals from Selective and independent insurance agencies, the students have the opportunity to gain insights and perspectives that will help them in the competition and in their future careers.”
Read more: Selective Insurance offers virtual internships
Teams from the following schools are participating in the competition:
- Appalachian State University
- Ball State University
- Illinois State University
- Middle Tennessee State University
- St. Joseph University
- Temple University
- University of North Carolina – Charlotte
Each team in the competition will operate a simulated insurance agency. The competition will require students to use their education and experience to make informed business decisions about building market share, developing products and services, growing profit, promoting their agency, and contending with competitors. Teams will be mentored by experts from Selective and independent insurance agencies.