Beavers, George Allen Jr.
1891-unknown · Contribution: 1925-1962
Co-founded Golden State Mutual Life Insurance Company; secured the 500 prepaid policy applications required for its incorporation
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Impact on the world
Personally secured the 500 prepaid life insurance applications required to license Golden State Mutual in 1925, later becoming the company's board chairman and serving as president of the National Insurance Association, a trade group supporting Black-owned insurance businesses nationally.
Life & background
Born in Atlanta, Georgia and raised in Los Angeles from age 12, Beavers became an active member of the First AME Church before joining William Nickerson Jr.'s insurance sales operation in 1922. He personally secured the 500 prepaid policy applications required for Golden State Mutual's 1925 incorporation, going on to serve as the company's Vice-President and Director of Agencies, then board chairman after Nickerson's 1945 death, and later as president of the National Insurance Association in 1962.
Sources
- UCLA Library / Online Archive of California (Golden State Mutual records; George A. Beavers Jr. files); California African American Museum; Los Angeles Public Library
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