Schiele's business success

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From The Rotarian, January 1914, from Dr. Wolfgang Zieger

More or Less Personal – A Little Bird Told Us That -

Silvester Schiele, for several years vice‑president of the Old Colony Life Insurance Company of Chicago, has been appointed Chicago manager for the Germania Life of New York. Mr. Schiele was one of the organizers of the Old Colony Life and his resignation was accepted with regret by the Directors. Mr. Schiele was also one of the organizers of the first Rotary Club in the United States and was its first president. He leaves the Old Colony with a healthy growth in business since he has been connected with it. Mr. Schiele's experience and success both as a personal producer and as an agency manager leads the Germania to believe that it has now found the man it has long looked for.

		Guardian was founded by Hugo Wesendonck in 1860 in New York. At the time, it was called the Germania Life Insurance Company of New York.

		Within two short years, the company began opening agencies across the country. We even served policyowners in Colorado, the Dakotas, New Mexico and Arizona, long before these territories became states.

		In 1868, Germania became the first U.S. insurance company to start an agency in Europe. By the early 1900s, almost half of its business was outside North America, until the pressures of World War I forced it to stop writing business in Europe.

		In 1917, the company changed its name to The Guardian Life Insurance Company of America.

In 1925, Guardian converted from a mixed stock and mutual company to a wholly mutual company. As such, we have no stockholders or private owners. The policyholders own the company and profits are distributed to them in the form of dividends on policies. Guardian has paid dividends consistently for the 145 years we've been in business.

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