Gillespie, Frank L.
1876–1925 · Contribution: 1919
Founded Liberty Life Insurance Company, the first Black-controlled legal reserve insurance company in the northern United States
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Quick facts
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- Business & Misc.
Impact on the world
Gillespie brought legal-reserve insurance, real, regulated financial protection, to Black Northerners on fair terms for the first time, seeding an institution that anchored Black economic life in Chicago for decades.
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Sources
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Gilder Lehrman Institute of American History
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