| The University of North Carolina at Charlotte's team of insurance-minded students won Selective Insurance's 2023 College Competition, an annual program for aspiring insurance professionals. The competition, first started by Invest in 2017 and later hosted in conjunction with the Big “I" Diversity Council, aims to interest and recruit college students into the insurance industry and foster the next generation of insurance professionals. In fact, more than 3 in 4 (77%) of students who have participated in Selective's college competition over the last three years have ended up working in the insurance industry. During this year's month-long challenge, eight teams from universities nationwide operated simulated insurance agencies. The Indiana State University team placed second, and the Illinois State University team came in third place. "Selective's College Competition provides students with enriching, hands-on experience that gives real-world insight into a potential insurance career," said Robert Redden, vice president, distribution strategy and insurance learning services, Selective. "Each team proved they understand the complexities of running a profitable insurance agency, making thoughtful business decisions, and managing financial solvency with help from Selective-appointed insurance agency mentors. These students are the next generation of bright insurance industry leaders." Selective gives a monetary donation to the top three team's chapters of Gamma Iota Sigma, an international, professional fraternity that promotes, encourages, and sustains student interest in insurance, risk management, and actuarial science professions.
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