Leopold Salomons

From Wikipedia, the free encyclopedia

Born
Leopold Solomons

(1841-05-14)14 May 1841
Pentonville, London
Died23 September 1915(1915-09-23) (aged 74)
Norbury Park, Surrey
OccupationCity financier
Spouses
  • Mary Elizabeth Thomas 18691879 (her death)
  • Annie Martha Cooke 18821915 (his death)
Leopold Salomons
Born
Leopold Solomons

(1841-05-14)14 May 1841
Pentonville, London
Died23 September 1915(1915-09-23) (aged 74)
Norbury Park, Surrey
OccupationCity financier
Spouses
  • Mary Elizabeth Thomas 18691879 (her death)
  • Annie Martha Cooke 18821915 (his death)

Leopold Salomons (14 May 1841 23 September 1915) was a city financier and company director active in the City of London in the late 19th and early 20th centuries.[1] Salomons was born into a British Jewish family, but it has been suggested that he later converted to Christianity.[2] Today he is primarily remembered for his purchase of Box Hill in 1914 to protect it from development.

Salomons was one of the founders and directors of the Employers' Liability Assurance Corporation Limited in 1880. He identified the potential market for employers' liability insurance which had arisen as a consequence of the Employers' Liability Act 1880.[3] After Salomons' death in 1915, the then director of the Corporation commented, "[Salomons] was the founder of the Corporation and one of the original Directors, and through his great financial ability helped us to steer through many shoals which confronted us at the commencement of our career as a company."[3] The company survives to this day (after multiple mergers and acquisitions) as part of the Aviva plc insurance group.[4]

Together with city financiers Jabez Balfour and Sir John Pender, Salomons founded the investment underwriting firm the Trustees, Executors and Securities Insurance Corporation, Limited in December 1887.[2][5]

Purchase and gift of Box Hill

Personal life

References

Related Articles

Wikiwand AI