Darwin Pearl Kingsley (1857–1932) was an American insurance executive. He served as president of the New York Life Insurance Company 1907–30.
Born near Alburg, Vermont, Darwin graduated from the University of Vermont in 1881 with the degree of Bachelor of Arts. He joined New York Life Insurance Company as an inspector of agencies in the New England region in 1889. He rose rapidly, becoming the superintendent of all agencies in 1892, vice-president in 1898, and president of the company in 1907. He retired in 1930 but continued as chairman of the board of directors until his death.
During his tenure, Kingsley greatly expanded New York Life Insurance’s business. He increased the company’s assets from $500 million to $2 billion and doubled the issued policies’ value. He also founded insurance agencies in Russia and successfully carried out business there. During the Wall Street Crash of 1929, he guided the company relatively unscathed, thanks to its government bonds and real estate investments, not in common stocks.
READ: Works by Darwin P. Kingsley
You have powers you never dreamed of. You can do things you never thought you could do. There are no limitations in what you can do except the limitations of your own mind.
—Darwin P. Kingsley
Topics: Challenges, Possibilities, Potential, Attitude
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