Settlement Funding Companies
Rising interest rates in the latter half of the current period have contributed to an increase in the value of structured settlement products purchased in secondary markets and paid to operators in the Settlement Funding Companies industry. The US Federal Reserve's periodic rate hikes, in addition to strong demand for settlement funding in downstream markets, has resulted in substantial revenue growth over the five years to 2018. Rising interest rates and medical expenditure are set to benefit the industry over the five years to 2023. However, a decline in the number of automobile accidents forecasted during this five-year outlook period will decrease structured settlement demand from this prominent customer segment.
This industry purchases structured settlements in the secondary market from individuals, providing customers with cash in exchange for several fixed scheduled future payments. Industry operators also transact with plaintiffs with pending personal injury claims to provide funds while they are awaiting settlement, earning a portion of the settlement proceeds of the claim.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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