Settlement Funding Companies
Falling revenue over the past five years has occurred primarily due the prevailing low interest rates and an erosion of total structured settlement premiums available to convert into lump sums. However, the industry will experience some growth in the short term. Growing interest rates and limited consumer income growth will encourage more consumers to use industry services. Nevertheless, the systemic problems affecting this industry will remain. The crime rate and the number of vehicle accidents will continue falling, eroding the potential market for industry operators.
This industry purchases structured settlements in the secondary market from individuals, providing customers with cash in exchange for a number of 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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook