What BHG Structured Settlements does

BHG Structured Settlements, Inc. (BHGSS, d/b/a BH Structures) is a Delaware-incorporated, wholly-owned Berkshire Hathaway Group subsidiary headquartered at 1314 Douglas Street, Suite 1400, Omaha, Nebraska. Since 1982 the firm has operated as a US structured settlement assignment company, accepting the obligation to make future periodic payments from defendants or their insurers in personal physical injury and workers compensation cases, and funding those obligations by purchasing annuities from affiliated Berkshire Hathaway life insurers (Berkshire Hathaway Life Insurance Company of Nebraska for non-New York cases and First Berkshire Hathaway Life Insurance Company for New York cases). Some cases are routed instead through reinsurer National Indemnity Company, with Columbia Insurance Company acting as guarantor or co-reinsurer.

Its product surface is narrow but specialized: the core assignment-and-annuity service is supported by a 24/7 Payee Portal for contract viewing, beneficiary management, direct deposit updates, and document upload; a dedicated Broker Portal for structured settlement brokers; encrypted email with two-factor authentication (mandatory for Massachusetts residents); and a Hardship Exchange Program that allows payment modifications for payees in financial distress. The technology stack is conventional authenticated web infrastructure with a security-and-compliance orientation rather than an automation or analytics orientation.

Commercially, BHGSS runs an enterprise field sales motion into plaintiff attorneys, defense attorneys, insurers, and structured settlement brokers, with no direct consumer acquisition channel. Revenue is generated as the spread between the premium received for each assigned annuity and the scheduled payments owed to payees, supplemented by reinsurance economics on cases routed to National Indemnity; products are tax-advantaged under US law and pricing is bespoke to each settlement, so it is not publicly disclosed. Customer concentration risk is channel-moderate because every closed deal requires coordinated sign-off from attorney, insurer, and broker, but each individual payee relationship is long-duration and effectively non-cancelable.

Name

BHG Structured Settlements

Legal name

BHG Structured Settlements, Inc.

Website

https://bhstructures.com

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

11–50 employees

Short description

BHG Structured Settlements, Inc., a Berkshire Hathaway subsidiary founded in 1982 and based in Omaha, serves as the assignment company for US structured settlements in personal injury and workers compensation cases, purchasing annuities from affiliated Berkshire life insurers to deliver tax-advantaged periodic payments to settlement recipients.

Ownership category

akta.pro rank

Product category

Structured Settlement & Annuity Services

NAICS

Insurance Carriers and Related Activities (524), Direct Insurance (except Life, Health, and Medical) Carriers (52412), Insurance and Employee Benefit Funds (5251), Other Insurance Funds (525190)

SIC

Life Insurance (6311), Fire, Marine & Casualty Insurance (6331), Accident & Health Insurance (6321)

akta.pro primary industry

Structured Settlement Annuities (FSAIACAJ)

Keywords

• Structured settlements
• Annuity assignment services
• Settlement payment management
• Periodic payment arrangements
• Structured settlement annuities

Headquarters

HQ city

Omaha

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Annuity Assignment and Management: BHGSS purchases annuity obligations from defendants or their insurers in settlement cases. The company earns revenue as the owner of the annuity contract, collecting premiums from defendants and making scheduled payments to payees. The spread between premium received and payments made, along with the tax-advantaged structure of the products, forms the economic basis of the business.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

BHG Structured Settlements, Inc. is a structured settlement assignment company that purchases annuity obligations from defendants or their insurers in personal physical injury and workers compensation cases, then funds future periodic payments by acquiring annuities from affiliated Berkshire Hathaway life insurance companies. The company guarantees tax-advantaged, locked-in payment streams to settling plaintiffs and provides self-service portals for payees, brokers, and attorneys to manage contracts and payments.

Differentiator

Problem solved

Functional benefit

Products and services

• BHG Structured Settlements Assignment Service Primary structured settlement assignment service where BHGSS purchases annuity obligations from defendants or their insurers in personal physical injury and workers compensation settlement cases and funds future periodic payments via annuities from affiliated Berkshire Hathaway life insurance companies. Designed for plaintiff attorneys, defense counsel, defendants, and insurance carriers structuring settlement payment plans.
• Payee Portal

Segments2 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

Four partnerships are on record, tiered core.

• Berkshire Hathaway Life Insurance Company of NebraskacoreStrategic or Co-development PartnerPrimary annuity issuer for structured settlements (non-New York cases). BHGSS purchases annuities from this company to fund structured settlement payments. Holds A.M. Best A++ (Superior) rating.
• First Berkshire Hathaway Life Insurance CompanycoreStrategic or Co-development PartnerAnnuity issuer for New York payee cases. This is the only Berkshire Hathaway Life insurance company admitted in New York. Holds A.M. Best A+ (Superior) rating.
• National Indemnity CompanycoreStrategic or Co-development PartnerReinsurance company that may assume obligation to make future payments instead of BHGSS for some cases. Can fund future payments from its own account without buying an annuity. Used for taxable settlements and certain other cases. Holds A.M. Best A++ (Superior) rating.
• Columbia Insurance CompanycoreStrategic or Co-development PartnerGuarantor for assigned cases and co-reinsurer with NICO for reinsured cases. Holds A.M. Best A++ (Superior) rating with Financial Size Category XV.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• USAA Life Insurance Company: USAA Life issues annuities that can be used to fund structured settlements for personal injury cases. Comparable insurer-backed structured settlement assignee with strong financial strength ratings.
• Allstate Life Insurance Company (Structured Settlements): Allstate Life issues annuities used to fund structured settlements for personal injury and workers' compensation cases. Like BHGSS, it operates in the same product category through affiliated insurers with strong financial strength ratings.
• The Hartford Structured Settlements: The Hartford provides structured settlement annuity solutions through its group benefits and insurance operations, serving similar plaintiff and workers' compensation settlement use cases as BHGSS.
• AIG Structured Settlements: AIG's Life & Retirement division issues structured settlement annuities and competes directly with BHGSS in the U.S. structured settlement marketplace.
• Liberty Mutual Structured Settlements: Liberty Mutual operates a structured settlement business that funds periodic payments for personal injury claims, often originated through its property and casualty insurance operations. Comparable in product category and target market.
• New York Life Structured Settlements: New York Life is a major issuer of structured settlement annuities in the U.S., with strong ratings and a comparable distribution model through brokers and attorneys — directly competing with BHGSS for case assignments.
• Pacific Life Structured Settlements: Pacific Life's annuity division underwrites structured settlement contracts for plaintiffs and workers' comp recipients. It is a comparable rated insurer in the same product category.
• Prudential Financial Structured Settlements: Prudential issues annuities to fund structured settlements across personal injury and workers' compensation cases. Its scale and brand recognition make it one of the closest direct competitors to BHGSS.
• Genworth Financial Structured Settlements: Genworth provides structured settlement annuity products through its U.S. Life Insurance division, serving plaintiff attorneys and defendants. It is a comparable direct competitor with similar distribution channels.
• MetLife Structured Settlements: MetLife is a major provider of structured settlement annuities, working with plaintiff attorneys and defendants to fund periodic payment obligations. It competes head-to-head with BHGSS for case assignments in the U.S. market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/berkshire-hathaway-life-insurance-company-of-nebraska

Revenue estimate

Valuation estimate

Number of profiles

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 BHG Structured Settlements