Frank l gillespie biography examples
Frank l gillespie biography examples: Frank L. Gillespie was
Gillespie recognized that the black community in Chicago deserved fair treatment and better insurance opportunities, so he founded Liberty Life Insurance in , just after World War I. His insurance company focused on whole life insurance aside from the customary industrial quotes given by white-owned companies in the past. Liberty Life Insurance continued to become one of the largest black-owned companies in the United States.
Frank Gillespie was born into a humble family in Arkansas. He was a promising violinist and revised the Boston Conservatory of Music. Later on, he decided to move to Chicago, where he started a job at a telephone manufacturing company. Royal Life was a white-owned company catering industrial quotes to black Americans, and this is where and how he learned the business.
Gillespie admired how Royal Life gave out insurance policies and hired black Americans despite racial conflicts during the period. Gillespie continued to work with Royal Life until he was promoted to the district superintendent. He began establishing his own insurance company, Liberty Life, by gathering investors, selling stocks, and advertising in newspapers.
In , Liberty Life Insurance Company was officially in business.