What Henderson Structured Settlements LP does

Henderson Structured Settlements LP is a Canadian full-service brokerage specializing in structured settlement annuities for personal injury claimants. Founded in the late 1980s (approximately 35+ years of operating history) and headquartered in Burlington, Ontario with a second office in Vancouver, British Columbia, the firm is operated as a private limited partnership. Henderson is licensed with the only three federally licensed life insurance companies that issue structured settlements in Canada - Sun Life Assurance Company of Canada, The Canada Life Assurance Company, and BMO Life Assurance Company - following Manulife's 2018 exit from the market. The firm brokers guaranteed, tax-free annuity payment plans on behalf of claimants and provides no-charge pre-settlement consulting, evaluative reports, illustrative reports, expert testimony, and in-person support at mediations, pre-trials, and arbitrations.

The firm's product surface spans core brokerage services plus proprietary tools: web and mobile (iOS/Android) Present Value Damages Calculators (configured for Ontario Rule 53.09 and other provincial discount rates), a Life Expectancy / Work Life Expectancy Calculator, Evaluative Reports (quantifying present claim value against structured settlement quotes), Illustrative Reports (projecting payment plans from a specified funding amount), in-house legal preparation of CRA-compliant closing documentation, and lifetime customer service including direct deposit management and beneficiary updates. There is no AI/ML layer; the technology is deterministic and standards-based, focused on usability for legal and insurance professionals.

The business model is a pure commission-based brokerage: Henderson earns commissions paid by the three life-insurance carriers for each structured settlement placed, while all services to claimants, lawyers, and insurance claims professionals are delivered at no cost and with no obligation. Go-to-market is sales-led and relationship-driven, relying on a team of Certified Structured Settlement Consultants (CSSC), in-house counsel, and educational seminars to cultivate referrals from plaintiff and defence-side personal injury firms and casualty insurance carriers across Canada. Customer segments include personal injury lawyers, insurance claims professionals, and individual claimants/injured persons; pricing is opaque to the client since revenue flows through carrier commissions rather than client fees.

Name

Henderson Structured Settlements LP

Legal name

Henderson Structured Settlements LP

Website

https://henderson.ca

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

Henderson Structured Settlements LP is a Canadian private brokerage that brokers guaranteed, tax-free structured settlement annuities for personal injury claimants, working with personal injury lawyers, insurance claims professionals, and injured individuals across Canada.

Ownership category

akta.pro rank

Product category

Structured Settlement Brokerage

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411), Life Insurance (6311)

akta.pro primary industry

Structured Settlement Annuities (FSAIACAJ)

akta.pro secondary industry

Structured Finance Legal, Trustee & Administration (FSACACAJ)

Keywords

• Structured settlement brokerage
• Personal injury claims
• Annuity consulting
• Settlement reports
• Tax-free annuities

Headquarters

HQ city

Burlington

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Brokerage Commissions from Life Insurance Companies: Henderson Structured Settlements LP earns commissions from the life insurance companies (Sun Life, Canada Life, BMO Life) for brokering structured settlement annuities. The company states that all structured settlements are brokered 'without regard to the commissions payable to Henderson' and with the intent of producing the best income/cost attainable. All services to clients are provided at no charge.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Henderson Structured Settlements LP is a Canadian full-service structured settlement brokerage that brokers guaranteed tax-free annuity products from Sun Life, Canada Life, and BMO Life for personal injury claimants. The firm provides no-cost pre-settlement consulting, evaluative and illustrative reports, expert evidence at arbitrations and trials, in-house preparation of CRA-compliant closing documentation, and lifetime customer service for the duration of each structured settlement. It also provides proprietary web and mobile calculation tools (Present Value Damages Calculator and Life Expectancy Calculator) used by lawyers and insurance professionals for settlement quantification.

Product overview

Henderson Structured Settlements LP is a full-service structured settlement brokerage operating across Canada. The core offering consists of structured settlement services for personal injury claimants, supported by two key report products: Evaluative Reports (quantifying claim value using structured settlement quotes) and Illustrative Reports (detailing payment plan options). The company provides technology tools including a web-based Present Value Calculator, Life Expectancy Calculator, and corresponding mobile apps for iOS and Android. Supporting services include pre-settlement consulting, in-house prepared closing documentation reviewed for CRA compliance, and ongoing lifetime customer service managing the structured settlement throughout its term.

Differentiator

Problem solved

Functional benefit

Products and services

• Structured Settlement Brokerage Services Full-service brokerage that delivers guaranteed tax-free structured settlement annuity payments for personal injury claimants, including pre-settlement consulting, evaluative report generation, illustrative report generation, real-time in-person support at mediations, arbitrations, pre-trials, and settlement meetings, in-house preparation of CRA-compliant closing documentation, and lifetime customer service for the duration of each structured settlement.
• Evaluative Report A no-cost report that quantifies what a personal injury claim is worth today using structured settlement quotations, taking into account available insurance coverages and medical evidence. Provided to plaintiff and defence-side personal injury lawyers and casualty insurance claims professionals on a no-charge basis.
• Illustrative Report A no-cost report that details what a structured settlement payment plan would look like, showing a series of periodic payment plan options based on a specified funding amount. Used by lawyers and insurance claims professionals to illustrate settlement structures.
• Present Value Damages Calculator Web-based calculator that determines the approximate present value of a future stream of income per year for a given number of years. Supports Ontario claims with the Rule 53.09 annual discount rate, plus province-specific rates for all other provinces. Used by personal injury lawyers and insurance professionals to quantify damages.
• Life Expectancy / Work Life Expectancy Calculator Web-based calculator that displays the remaining life expectancy of the average Canadian of a given age and gender, plus the average number of years until retirement from the labour force.
• Henderson Present Value Calculator Mobile App Smartphone mobile application that combines both the Present Value Damages Calculator and the Life Expectancy / Work Life Expectancy Calculator for on-the-go use by legal and insurance professionals. Available for free on iOS and Android.

Quantifiable outcome

• All structured settlements brokered are guaranteed to meet or exceed the best income/cost attainable in the marketplace at the time of final brokerage
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Sun Life Assurance Company of CanadacoreChannel Partner/ Reseller/ DistributorSun Life Assurance Company of Canada is one of the three federally licensed life insurance companies providing structured settlements in Canada. Henderson is licensed with Sun Life and brokers structured settlement annuity contracts through this partnership.
• The Canada Life Assurance CompanycoreChannel Partner/ Reseller/ DistributorThe Canada Life Assurance Company is one of only three federally licensed life insurance companies providing structured settlements in Canada. Henderson is licensed with Canada Life and brokers structured settlement annuity contracts through this partnership.
• BMO Life Assurance CompanycoreChannel Partner/ Reseller/ DistributorBMO Life Assurance Company is one of the three federally licensed life insurance companies providing structured settlements in Canada. Henderson is licensed with BMO Life and brokers structured settlement annuity contracts through this partnership.
• Hamilton Health Sciences FoundationminorOthersAnnual beneficiary of the Making The Links Golf Classic charitable tournament organized by Henderson. Funds raised support healthcare initiatives.
• Ontario Brain Injury Association (OBIA)minorOthersAnnual beneficiary of the Making The Links Golf Classic charitable tournament organized by Henderson. Supports individuals with brain injuries.
• Spinal Cord Injury Ontario (SCIO)minorOthersAnnual beneficiary of the Making The Links Golf Classic charitable tournament organized by Henderson. Supports individuals with spinal cord injuries.

Scale indicators2 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Ringler (formerly Ringler & Associates): Largest US structured settlement brokerage, broker of structured settlements, attorney fee structures, and settlement planning services. Significant overlap in client base (plaintiff firms, casualty insurers) and product (life-insurer-issued annuities), serving as a US benchmark for Henderson's model.
• Convergent Settlement Solutions: US structured settlement brokerage providing pre-settlement consulting, evaluative reporting, and annuity brokerage for plaintiffs. Operates a similar fee-free, service-led model with lifetime administration — directly analogous to Henderson's go-to-market in Canada.
• DFI Structured Settlements: Canadian structured settlement brokerage also serving personal injury claimants with tax-free annuity placements and working with plaintiff counsel across multiple provinces. Direct head-to-head competitor against Henderson for the same three Canadian carrier relationships.
• Sage Settlement Consultants: US-based structured settlement brokerage that brokers qualified annuities for personal injury claimants, working with plaintiff attorneys and insurance claims professionals. Closely comparable business model to Henderson, focused on attorney- and claimant-facing consulting and annuity placement.
• Strategic Settlements: US structured settlement consultancy providing evaluative reports, life expectancy analysis and annuity brokerage to plaintiff attorneys. Offers similar value chain (calculators, illustrative reports, settlement consulting) comparable to Henderson's offerings in Canada.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors1 record

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 Henderson Structured Settlements LP