Shenandoah Life Insurance Co., founded in 1914 and based in Roanoke, Va., is an insurance company specializing in providing life insurance, specialty health insurance and annuities to middle-market consumers across the country. Shenandoah has more than 175,000 insurance policies in-force, providing its customers with solutions to help protect against unexpected loss and to assist in building a strong financial foundation for retirement. Shenandoah has more than $1.4 billion in assets. Prosperity Life was selected to sponsor the rehabilitation, conversion and acquisition of Shenandoah Life, which was completed in May 2012.