About Us Prosperity Life Group is an innovative insurance, reinsurance, and asset management company. Newsroom Spotlight on Leadership: Meet Drew Westall Today, we shine a spotlight on one of our key leaders who truly embodies our values: Drew Westall. Drew was a seasoned tax professional with a solid foundation in accounting at mid and large-sized firms when he was offered the… Read Story CULTURE AND VALUES At Prosperity Life Group we believe each person’s future holds the potential to develop into something greater. GROWTH We are focused on the long term, and believe our people, products, and services will create sustainable returns for our customers and communities. INTEGRITY We are committed to doing the right thing for our customers, shareholders, and people. RESULTS We are outcome oriented, and how we achieve matters as much as what we achieve. INCLUSION We actively invite diverse views and perspectives, and value unique experiences, where everyone feels that they belong and contribute. A Century of Tradition Our member companies provide a strong foundation dating back over 100 years. OUR MEMBER COMPANIES Our insurance business in the U.S. is focused on the retirement and life market. We’ve grown by designing innovative life insurance, asset accumulation and supplemental health products. SBLI USA Life Insurance Company, Inc. Headquartered in New York City, SBLI USA has been satisfying the life insurance needs for the New York market for over 75 years, including a long history of working with banks to develop and offer products that meet their customer’s financial objectives. S.USA Life Insurance Company, Inc. S.USA is an Arizona domestic insurer authorized to do business in 47 states and the District of Columbia. S.USA offers a wide variety of products through a diverse set of distribution channels. Shenandoah Life Insurance Company Founded over 100 years ago, Shenandoah Life, a Virginia domestic insurer, has a strong track record of performance and a long tradition of meeting its customer’s needs. OUR STORY We’re not just about getting bigger. We believe in growing smarter. Look at our timeline to see how we’ve grown. 1916 Shenandoah Life Insurance Company (“Shenandoah Life”) is founded as a Virginia insurance company based in Roanoke, Virginia. 1939 The Savings Banks Life Insurance Fund (“SBLI Fund”) begins to conduct insurance business in the state of New York. 1999 The SBLI Fund converts into a mutual life insurance company domiciled in New York, under the new name SBLI USA Mutual Life Insurance Company of New York, Inc. (“SBLI USA”). 2000 S.USA Life Insurance Company (“S.USA”) becomes a wholly-owned subsidiary of SBLI USA Mutual Life Insurance Company, Inc. 2009 Prosperity Life Insurance Group, LLC is founded with the partnership of Black Diamond Capital Partners and Reservoir Capital Group, LLC. 2012 Prosperity Life Insurance Group, LLC grows through the sponsored demutualization and acquisition of Shenandoah Life. 2014 Prosperity Life Insurance Group, LLC grows further through the sponsored demutualization and acquisition of SBLI USA. Prosperity Life Insurance Group, LLC’s principal operating members are now Shenandoah Life, SBLI USA, and S.USA. 2019 Elliott Management Corporation acquires majority ownership of Prosperity Life Insurance Group, LLC. Nicholas von Moltke joins Prosperity Life Insurance Group, LLC, assuming the role of Chief Executive Officer. 2020 Formation of Prosperity Life Assurance Ltd., a Bermuda reinsurance company 2022 Formation of Prosperity Asset Management (PAM), a sophisticated investment and risk manager Today Through its three US insurers, Prosperity Life Insurance Group, LLC services more than 300,000 policies and continues to provide financial security to customers and their families through innovative protection, asset accumulation, and supplemental health insurance products. Performance Rooted In Strength Our financial strength is founded on helping you reach yours. AM Best Rating Excellent A- Financial Strength Rating A- Issuer Credit Rating 4th Highest of 15 ratings Stable Outlook Kroll Rating A- Insurer Financial Strength Rating Stable Outlook AM Best and Kroll rating information as of December 2022. For the latest information visit www.ambest.com and www.kbra.com. OUR TEAM We are a team of industry experts who work together to get things done efficiently. MEET OUR LEADERS Careers Reach your full potential in and outside of the office. Join our team to prosper, learn, and grow. Explore Careers