Delta Settlements

What Delta Settlements does

Delta Settlements is a privately held, Jacksonville, Florida-based settlement planning firm founded in 1990 that advises plaintiff and defense attorneys, insurance carriers, and injured parties on the structuring of personal injury, workers compensation, and employment dispute settlements. The firm was one of the first members of the National Structured Settlement Trade Association (NSSTA) and a founding member of the Society of Settlement Planners (SSP), and today supports 24 offices serving clients across the United States. Its core product is the structured settlement annuity — fixed annuity arrangements purchased by defendants to deliver tax-free periodic payments to injury victims under IRC Section 104(a)(2) — supplemented by 468B Qualified Settlement Funds, Special Needs Trusts, Medicare Set-Aside (MSA) allocations, Attorney Fee Structure Annuities, Fixed Rate Annuities, life and disability insurance, and non-qualified assignment annuities for taxable damages and appreciated asset sales.

The firm's operating technology centers on a proprietary software platform called "Quote in the Box (QIB)," which case managers use to generate, review, and confirm the accuracy of structured settlement client proposals. Delta differentiates itself as an independent advisor that is not restricted to any single life insurance carrier, shopping rated ages and pricing across multiple top-rated carriers including Pacific Life, Allstate, MetLife, Prudential, New York Life, John Hancock, and others. Distribution is direct: free consultation via toll-free telephone, free mediation attendance, an online case submission form, plus active participation in industry associations (NSSTA, SSP, NAMSAP, ASNP, AAPD) and event sponsorships such as the Florida Justice Association.

Delta's revenue model is transactional: the firm earns a 4% commission from life insurance companies on structured settlement annuity placements, paid by the carrier out of its own assets and not deducted from the settlement funds. Consulting, MSA allocations, and mediation attendance are provided free of charge to clients. The firm is led by President Mikel B. Taft, with named settlement planners including Paul M. Doolittle, Esq., and MSA consultant Erin A. Martin, Esq., MSCC. No ownership, funding, or M&A activity is disclosed.

Name

Delta Settlements

Legal name

Delta Settlements

Website

https://deltasettlements.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

1–10 employees

Short description

Delta Settlements is a privately held, Jacksonville-based structured settlement and settlement planning firm founded in 1990 that advises plaintiff and defense attorneys, insurance carriers, and injured parties on structuring personal injury, workers compensation, and employment dispute settlements across 24 U.S. offices.

Ownership category

akta.pro rank

Product category

Settlement Planning Services

NAICS

Insurance Carriers and Related Activities (524)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Structured Settlement Annuities (FSAIACAJ)

Keywords

• Structured settlements
• Settlement planning
• Medicare set-aside
• Special needs trust
• Structured annuities

Headquarters

HQ city

Jacksonville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Structured Settlement Consulting Services: Delta Settlements provides settlement planning services to attorneys and injured parties. The company receives a 4% commission from life insurance companies (the annuity issuers) for placing structured settlement annuities. This commission is paid by the insurance company out of its own assets and does not reduce the money placed into the structured settlement annuity. Services such as mediation attendance, MSA allocations, and consultation are provided free of charge to clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Delta Settlements provides structured settlement and settlement planning services for personal injury, workers' compensation, and employment dispute cases. The firm acts as an independent advisor, shopping multiple life insurance carriers to place structured settlement annuities on behalf of injured parties and attorneys, while also providing Medicare Set-Aside allocations, Special Needs Trusts, 468B Qualified Settlement Funds, and attorney fee structure annuities to preserve public benefits and maximize post-settlement dollars.

Product overview

Delta Settlements is a premier settlement planning and structured settlement company offering a comprehensive suite of financial products and advisory services. The core offering centers on Structured Settlement Annuities—tax-free periodic payment arrangements for personal injury settlements—alongside Fixed Rate Annuities and Life Insurance as foundational products. The company provides specialized trust and fund products including 468B Qualified Settlement Funds and Special Needs Trusts for public benefit preservation. Additional modules include Attorney Fee Structure Annuities for legal professionals, Non-qualified Assignment Annuities for taxable damages cases and appreciated asset sales, and Medicare Set-Aside Allocation services. The company also offers financial planning services such as mediation attendance, document preparation, economic/life care plan analysis, and public benefit analysis. Delta operates as an independent advisor, shopping the marketplace to obtain the best combination of rated ages and investment returns from the highest-rated life insurance companies.

Differentiator

Problem solved

Functional benefit

Products and services

• Structured Settlement Annuities
• Medicare Set-Aside (MSA) Allocation
• Special Needs Trust (SNT)
• 468B Qualified Settlement Funds
• Attorney Fee Structure Annuities
• Non-qualified Assignment Annuities for Taxable Damages Cases
• Settlement Planning Consulting Services

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core.

• Pacific Life Insurance CompanycoreTechnology or IntegrationPacific Life is one of the highest-rated life insurance companies providing structured settlement annuities. Both Standards and Poor and A.M. Best have given Pacific Life Insurance Company and Pacific Life & Annuity Company an A+ rating with stable outlook. Delta uses Pacific Life as one of their annuity providers for structured settlement products.
• Allstate Life Insurance CompanycoreTechnology or IntegrationAllstate Life Insurance Company is listed as a partner providing structured settlement annuity products. Delta Settlements works with Allstate for obtaining rated ages and structured settlement pricing.
• John Hancock Life Insurance CompanycoreTechnology or IntegrationJohn Hancock Life Insurance Company provides structured settlement annuity products through Delta Settlements. The company has been used for rated age cases.
• Metropolitan Life Insurance Company (MetLife)coreTechnology or IntegrationMetLife is a key partner providing structured settlement annuities. Delta frequently works with MetLife for various settlement structures including formatting payment schedules.
• New York Life Insurance CompanycoreTechnology or IntegrationNew York Life Insurance Company provides structured settlement annuity products. Delta has obtained competitive rated ages from New York Life for catastrophically injured clients.
• Prudential Life Insurance Company of AmericacoreTechnology or IntegrationPrudential provides structured settlement annuity products. Delta has worked with Prudential on rated age cases and payment formatting options.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Ringler Associates: The largest structured settlement broker in the United States, serving plaintiff and defense attorneys, insurance carriers, and injured parties with annuity placement and settlement planning services—directly comparable to Delta's core offerings.
• Sage Settlement Consulting: National structured settlement consulting firm providing settlement planning, annuities, and Medicare Set-Aside services to attorneys and claimants—overlapping business model and customer base with Delta Settlements.
• BFS Settlement Services: Independent structured settlement broker placing annuities with multiple carriers, serving plaintiff attorneys and claimants across the US—directly comparable commission-based brokerage model.
• The Settlement Alliance: Structured settlement and Medicare Set-Aside service provider focused on plaintiff attorneys and claimants, with a multi-carrier independent broker model parallel to Delta's.
• Structured Financial Associates: Independent structured settlement consulting firm offering annuity placement, settlement planning, and MSA services to attorneys and insurance carriers nationwide.
• Settlement Planning Advisors: Specialized settlement planning and structured settlement consulting firm serving plaintiff and defense attorneys with independent brokerage services—closely aligned with Delta's value proposition.

Others

• National Structured Settlement Trade Association (NSSTA): Industry trade association that Delta has been a member of since 1990. While not a competitor, NSSTA's member roster and policy work influences the competitive and regulatory environment Delta operates in.
• Society of Settlement Planners (SSP): Professional society of which Delta is a founding member, providing certification and standards for settlement planners. Functions as an ecosystem enabler rather than a direct competitor.

Broad incumbents

• Pacific Life Insurance Company: A+ rated life insurance carrier that issues structured settlement annuities and is a core partner of Delta. Relevant as a counterparty that also directly services structured settlement business through its own distribution channels.
• New York Life Insurance Company: Top-rated life insurance carrier that issues structured settlement annuities and is a core partner of Delta for catastrophically injured clients. Important counterparty and adjacent industry player.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/deltasettlement

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Delta Settlements