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George JosephBusinessman and founder of Mercury Insurance Group.
Country:
 USA |
Content:
Biography of George Joseph
George Joseph was born in 1921 in the United States. He is known as a prominent businessman and the founder of the "Mercury Insurance Group". Joseph was born in a small town in the state of Virginia. His father has Lebanese origins. During World War II, George Joseph served in the ranks of the American army, where he was one of the best and daring fighter pilots. He was constantly at the forefront of the war and participated in the most bloody battles. After the war, George returned to his homeland and decided to pursue education. He successfully enrolled in Harvard University. In 1949, he received a higher education diploma. At Harvard, George Joseph studied physics and mathematics. After graduating from university, he settled in Los Angeles and decided to start his own business. Joseph chose life insurance as his sphere of activity. Initially, the young specialist worked as an analyst in the company "Occidental Life" and later he was promoted to a higher position. George became an insurance agent.
Founding Mercury Insurance
In 1954, he left "Occidental Life" and founded his own company. Initially, George Joseph's company was located in a small office and had a modest budget. Joseph was engaged in life and property insurance. He did not limit the sphere of activity of his company, as other insurance agencies did. In 1962, he founded "Mercury Insurance". The main direction of the company's activities became automobile insurance for various vehicles, including both regular private cars and large trucks used in production. The company gained momentum. Gradually, the number of insurance agents increased. And after a few years, "Mercury Insurance" had representatives located throughout the United States.
Legacy and Achievements
George Joseph always actively participated in the affairs of his company. He aimed to simplify the insurance procedures for clients to the maximum extent. The main priority for "Mercury Insurance" became friendly customer service and quick resolution of conflicts. Currently, George Joseph can be considered a wealthy American. His income in 2007 amounted to 1.2 billion dollars. He is still involved in the management of the company and holds an honorary position on the board of directors.
