 He then emigrated to Australia, and endeavoured to organise some insurance companies there, but, achieving no success, he returned to England in 1857, and founded and became managing director of the British, Foreign, and Colonial Insurance Association, which soon was in liquidation, and of the Consols Life Association, which lasted from 1858 to 1862.Into these insurance offices Baylis introduced new features, which ran counter to the ‘Lottery Acts,’ and were declared illegal.His project of ‘Consols Insurance’ engaged much attention, and has been adopted in a modified form by the British Imperial Office.