Alfred M. Best

Alfred M. Best

Alfred M. Best (1876–1958) was an American actuary. Best was born in Caldwell. [ [http://www.ambest.com/about/bio.html About the Founder of A.M. Best] , A.M. Best. Accessed October 16, 2007. "Alfred M. Best was born in Caldwell, NJ, in 1876."]

At the age of 15, Best began his career in the insurance industry as a junior clerk with the Queen Insurance Company of America in New York. He continued to work in the insurance field for various companies over the next six years. He learned about the necessity of providing a source of information concerning the reliability of insurance institutions and also gained a lot of first-hand knowledge about the industry.

In 1899, he founded the A. M. Best Company, Inc. He led the company through the money panic of 1907, World Wars I and II, the speculative 1920s and the stock market crash of 1929. The company experienced tremendous growth between 1899 and 1958, when Alfred M. Best died at the age of 81. Many of the publications that were produced during Best's presidency are still in production today.

Throughout his lifetime, Best was often called upon to testify before congressional committees and courts to make statements about the insurance industry. He was an honorary member of the Drug and Chemical Club of New York, Director of the Vermont Symphony Orchestra, Honorary Trustee of the Southern Vermont Art Association, and a Member of the Jersey Cattle Club. Shortly before his death, Alfred M. Best was appointed the Insurance Man of 1958 by the Federation of Insurance Counsels . After his death, he was inducted into the Insurance Hall of Fame in 1962 for his leadership, innovation, integrity and vision.

References


Wikimedia Foundation. 2010.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Best (surname) — Best is a surname, and may refer to* Ahmed Best * Alan Best * Alan Best (sculptor) * Alfred M. Best * Andy Best British footballer * Ben Best * Calum Best * Carlisle Best * Charles Herbert Best (1899 1978) American/Canadian Physiologist * Clyde… …   Wikipedia

  • Alfred the Great — (ca. 848–899)    Alfred the Great was king of Wessex from 871 to 899, and was successful in defending his kingdom from Danish invaders and even in expanding his holdings at the expense of the Danes. But beyond preserving an independent Anglo… …   Encyclopedia of medieval literature

  • Alfred Toepfer — Alfred Carl Toepfer (* 13. Juli 1894 in Altona bei Hamburg; † 8. Oktober 1993 in Hamburg) war ein deutscher Unternehmer, Inhaber des Unternehmens Toepfer International und Stifter der Alfred Toepfer Stiftung F. V. S.. Inhaltsverzeichnis 1 Leben 1 …   Deutsch Wikipedia

  • Alfred de Vigny — Alfred de Vigny, 1832 …   Wikipedia

  • Alfred Sandover — M.B.E. (24 November 1866 – 4 May 1958), born in Plymouth England he was the youngest of five children. Educated at North Adelaide Grammar School graduating in 1881, he came to Perth Western Australia in 1884 arriving Fremantle when the… …   Wikipedia

  • Alfred Pennyworth — Cover of Batman: Gotham Knights 42 (Aug, 2003 DC Comics). Art by Brian Bolland. Publication information …   Wikipedia

  • Alfred Hitchcock — Alfred Hitchcock, Fotografie von Jack Mitchell Sir Alfred Joseph Hitchcock, KBE,[1] (* 13. August 1899 in Leytonstone; † 29. April 1980 in Los Angeles) war ein britischer …   Deutsch Wikipedia

  • Alfred Nobel — Born 21 October 1833(1833 10 21) Stockholm, Sweden Died 10 December 1896( …   Wikipedia

  • Alfred Lee Loomis — (November 4, 1887 ndash; August 11, 1975) was an American attorney, investment banker, physicist, philanthropist, and patron of scientific research. He established the Loomis Laboratory in Tuxedo Park, New York, and his role in the development of …   Wikipedia

  • Alfred Biolek — Alfred Biolek, 2009 Alfred Franz Maria Biolek (* 10. Juli 1934 in Fryštát/Freistadt, Mährisch Schlesien, heute Karviná (Karwin), damals Tschechoslowakei, heute Tschechien) ist ein deutscher Fernsehunterhaltungskünstler, Talkmaster, Jurist und… …   Deutsch Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”