Sydney C. Tweed

Birthplace

Vankleek Hill, Ontario

Born

1886

Deceased

1942

Community Contribution

Administration Business / Commerce Entrepreneur Founder

From the time he became a stenographer for a Winnipeg life insurance company at the age of fifteen in 1901, Sydney C. Tweed had visions of some day establishing his own Canadian Insurance Company B a dream that eventually came true. In 1911, when he was Assistant Superintendent of Agencies for the Winnipeg firm, he joined the Mutual Life of Canada, becoming Superintendent of Agencies.

In 1920 he founded and was president of the Ontario Equitable Life and Accident Insurance Company, which operated from a two-room office costing $12.50 a month rent, with a rented typewriter and $150.00 worth of furniture B and one clerk. Six weeks after receiving its charter, $1,053,300.00 of business had been placed on the books. Three other insurance companies were purchased by the Company.

When he retired in 1931, Tweed could look back on a life insurance career that was outstanding in every way.