Selective Insurance’s Joan Lamm-Tennant Resigns from Board
Selective Insurance Group reported that Joan Lamm-Tennant resigned from its Board of Directors after her recent appointment as CEO-elect of a micro insurance venture incubator, which was formed by a group of international insurance companies.
According to a release from the Company, Lamm-Tennant was a Selective director for more than 21 years, having first been elected in 1993.
Gregory E. Murphy, Selective's Chairman and Chief Executive Officer said, "We congratulate Joan on her new position and wish her the best. As an economist and risk expert, she has played a valuable role on the Selective board since 1993, including chairing our Audit Committee and being a long-standing member of our Finance Committee. We understand her decision in light of her new responsibilities and will miss her contributions."
Selective Insurance Group is a holding company for ten property and casualty insurance company.
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