Cyrus M. Taylor

Cyrus M. Taylor was manager of the Waterloo County Mutual Fire Insurance Company from its founding in 1863 to 1898, when he retired. The name of the Company was later changed to The Waterloo County Mutual Fire Insurance Company.

Taylor was responsible for the management and day-to-day operations of the company for thirty-five years, and he, more than any other person, was responsible for the successful launching of the company.

The success of the Waterloo Mutual Fire Insurance Company led to the suggestion that a life insurance company be formed on the same principle. Mr. Jeremiah Hughes, one of the Company’s first agents, promoted the idea with Taylor. Discussions that eventually led to an application for a charter were held in Taylor’ s home. He became the first treasurer of the Ontario Mutual Life Assurance Company that eventually became The Mutual Life Assurance Company of Canada.