Elizur Wright

Elizur Wright
Wright in 1883
Born
Elizur Wright III

(1804-02-12)February 12, 1804
DiedNovember 22, 1885(1885-11-22) (aged 81)
EducationYale College
Occupations
Known forAdvancements in life insurance and its regulation
Signature

Elizur Wright III (12 February 1804 – 22 November 1885) was an American mathematician and abolitionist. He is sometimes described in the United States as "the father of life insurance", or "the father of insurance regulation", as he campaigned that life insurance companies must keep reserves and provide surrender values. Wright served as an insurance commissioner for the Commonwealth of Massachusetts.[1]

  1. ^ *Meier, Kenneth J. (1988). The political economy of regulation: the case of insurance. Albany, NY: State University of New York. p. 52. ISBN 0-88706-731-X.