Prosperity Life Insurance Group is a growing insurance organization which provides financial security to middle market consumers through protection, asset accumulation and supplemental products. Its principal operating subsidiaries are Shenandoah Life Insurance Company (domiciled in Virginia), SBLI USA Life Insurance Company (domiciled in New York) and S.USA Life Insurance Company (domiciled in Arizona). Prosperity is rated A- by A.M. Best, has an aggregate of $16 billion of life insurance in-force, $225 million in capital and surplus1, $2.6 billion of assets and almost 350,000 policies.
Since our formation in 2010, we have been successfully pursuing both organic and inorganic strategies.
Our organic growth strategy is built on partnerships with banks, IMOs, general agencies, and worksite distributors who market Prosperity’s broad portfolio of protection, asset accumulation and supplemental products to middle market consumers.
Our inorganic growth strategy is focused on acquiring small- and mid-size insurers. These insurers can leverage Prosperity’s excellent financial strength, efficient operating platform and broad product portfolio, while maintaining their independent brand identity.