Quest Settlements

What Quest Settlements does

Quest Settlements is a privately held, founder/principal-led structured settlement advisory firm headquartered in California, founded in 1996 and operating from offices in Solana Beach, San Diego, Calabasas (Los Angeles area), and Las Vegas. The firm designs, places, and administers structured settlement annuity solutions for personal injury claimants, workers' compensation recipients, plaintiffs in medical malpractice and wrongful death cases, minors, disabled claimants using special needs trusts, and Medicare beneficiaries with MSA obligations. It also structures deferred attorney contingency fee payments for plaintiff lawyers. Quest Settlements places annuities through top-tier carrier partners including Berkshire Hathaway and Pacific Life, and offers differentiated proprietary configurations such as Settlement Plus™ and Fee Structure Plus® (FSP®), plus the Index-Linked Annuity Payment Adjustment (ILAPA) rider tied to S&P 500 performance.

The firm earns revenue primarily as a structured settlement brokerage/advisory — receiving commissions on annuity placements and professional services fees for case design — supplemented by advisory on related trust, MSA, and lien-resolution engagements. Its go-to-market is sales-led and relationship-driven: consultants attend mediations nationwide at no charge, offer free case evaluations, and cultivate attorney referral pipelines through sustained membership in plaintiff bar associations (CAALA, CAOC, CASD, NJA, AAJ, NSSTA, AASC). Pricing is quote-based per case and not publicly disclosed.

The team is small — firmographics report 5 employees, though roughly eight professionals are named publicly — and includes Certified Structured Settlement Consultants, the President of the American Association of Settlement Consultants (Louis E. Masry), and principals with 25+ years of settlement planning experience. The firm is independently owned with no disclosed institutional investors, no parent company, no subsidiaries, and no mergers or acquisitions on record; expansion has been organic, through office buildout and consultant hiring over a three-decade operating history.

Name

Quest Settlements

Legal name

Quest Settlements

Website

https://questsettlements.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1–10 employees

Short description

Quest Settlements is a privately held structured settlement advisory firm founded in 1996 that designs, places, and administers annuity-based settlements and related trust, Medicare set-aside, and attorney fee deferral solutions for plaintiff attorneys and their personal injury, workers' compensation, and wrongful death claimants across the United States.

Ownership category

akta.pro rank

Product category

Structured Settlement Services

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Trusts, Estates, and Agency Accounts (52592), Health and Welfare Funds (525120)

SIC

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

akta.pro industry

PRIMARYFSAIACAJ

Structured Settlement Annuities

Financial & Insurance/Insurance — Life & Health/Annuities (Fixed, Variable & Indexed)

SECONDARYFSAEADAH

Claims Advocacy & Loss Recovery Services

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

SECONDARYFSAEABAH

Annuity & Insurance-Based Retirement Solutions Advisory

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Wealth & Retirement Advisory

SECONDARYFSAAANAJ

Special Needs & Supplemental Needs Trust Services

Financial & Insurance/Asset & Wealth Management/Trust & Fiduciary Services (Trust Companies, Estate & Custody Trusts)

SECONDARYFSAMAKAO

Escrow, Trust & Legal Settlement Disbursements

Financial & Insurance/Payments & Transaction Processing/Payroll & Payouts / Disbursements

Keywords

• Structured settlements
• Attorney fee structures
• Medicare set asides
• Special needs trusts
• Settlement planning services

Headquarters

HQ city

Solana Beach

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Structured Settlement Services: Quest Settlements generates revenue by providing structured settlement advisory services to attorneys and claimants. They assist in designing, placing, and processing structured settlements for various case types including personal injury, workers' compensation, medical malpractice, wrongful death, and attorney fees.
2. Fee Structure Plus+®: Proprietary fee structure product that allows attorneys to defer contingency fees with market-based returns and tax deferral benefits.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Quest Settlements designs, places, and administers structured settlements for personal injury, workers' compensation, medical malpractice, wrongful death, and attorney fee cases. It combines advisory consulting with proprietary financial structures—Settlement Plus™, Fee Structure Plus+®, and the ILAPA rider—distributed through partner life insurance carriers such as Berkshire Hathaway and Pacific Life. Complementary offerings include Special Needs Trusts, Qualified Settlement Funds, Medicare Set Asides, Non-Qualified Annuities, and Medicare Lien Resolution services for attorneys and their clients.

Product overview

Quest Settlements is a financial services company offering structured settlement products and settlement planning services. The portfolio centers on Structured Settlements (core product) supplemented by specialized offerings including Attorney Fee Structures for legal professionals, Fee Structure Plus® (market-based tax-deferred investment program), Settlement Plus™ (hybrid combining tax benefits with market returns), Special Needs Trusts (for disabled claimants), Qualified Settlement Funds (Section 468B trusts), Medicare Set Asides (MSA accounts), Non Qualified Annuities (for non-physical injury cases), Medicare Lien Resolution Services, Workers Comp Structured Settlements, and Personal Injury Structured Settlements. The company operates as a platform of interconnected financial planning tools designed to help claimants, attorneys, and defendants manage settlement funds with tax advantages and financial security.

Differentiator

Problem solved

Functional benefit

Brands

• Fee Structure Plus®: A market-based & tax-deferred structure program that allows attorneys to receive market-based investment returns on the complete value of their contingency fees with tax deferral status.
• Settlement Plus™
• Settlements Plus™️

Products and services

• Structured Settlements Tax-free, guaranteed periodic payment plans for plaintiffs receiving compensation from personal injury, workers' compensation, or wrongful death cases, distributed through annuity contracts from life insurance companies.
• Attorney Fee Structures Structured payment options enabling attorneys to defer contingency fee payments over fixed intervals rather than receiving lump sums, reducing tax burden through periodic income taxation.
• Fee Structure Plus+® (FSP®) Market-based, tax-deferred structure program allowing attorneys to receive investment returns on contingency fees with discretionary control over investments through financial advisors or trust companies.
• Settlement Plus™ Hybrid product combining structured settlement tax advantages with market-related investment returns, offering open architecture investment options and periodic payment plan flexibility.
• Special Needs Trusts Trust arrangements for disabled claimants that protect settlement funds from disqualifying eligibility for government benefits like Medicaid and SSI while allowing funds for life-enhancing needs.
• Qualified Settlement Fund Tax-free temporary fund (Section 468B trust) holding settlement money while plaintiffs and attorneys coordinate financial decisions, dispersing funds according to agreed allocations.
• Medicare Set Asides Interest-bearing accounts setting aside settlement funds for future medical and prescription costs related to injury claims, ensuring Medicare compliance and preserving eligibility.
• Non Qualified Annuity Structured settlement products for non-personal injury cases allowing tax-deferred growth on settlements, with payments subject to income tax only in the year received.
• Medicare Lien Resolution Services Negotiation services for resolving healthcare-related liens from Medicare, Medicaid, and other primary payers to facilitate efficient settlement processes.
• Workers Comp Structured Settlements Structured settlement solutions for workers' compensation cases including various payment term options such as life for period certain, period certain, life only, and temporary life.
• Personal Injury Structured Settlements Flexible periodic payment solutions for personal injury cases allowing customization of payment amounts, schedules, and timing to meet plaintiffs' financial needs.

Quantifiable outcome

• ILAPA rider can provide increases of up to 5% when S&P 500 performs well, compared to typical 2% COLA increases

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

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Pacific LifecoreTechnology or IntegrationPacific Life is the annuity company that provides the Index-Linked Annuity Payment Adjustment (ILAPA) rider used by Quest Settlements. This rider allows settlements to be tied to S&P 500 performance.
• National Structured Settlement Trade Association (NSSTA)coreOthersIndustry trade association membership providing professional development and networking opportunities. Rosa Florentino established the first ever Women's Caucus within NSSTA.
• Consumer Attorneys Association of Los Angeles (CAALA)minorOthersProfessional association for consumer attorneys in Los Angeles. Team members maintain active memberships.
• Consumer Attorneys of California (CAOC)minorOthersStatewide consumer attorney association. Team members maintain active memberships.
• Consumer Attorneys of San Diego (CASD)minorOthersRegional consumer attorney association serving San Diego area. Team members maintain active memberships.
• Nevada Justice Association (NJA)minorOthersProfessional association for Nevada attorneys. Team members maintain active memberships.
• Association of American Justice (AAJ)minorOthersNational association representing attorneys seeking justice for consumers. Team members maintain active memberships.
• American Association of Settlement ConsultantscoreOthersLouis Masry serves as President of this professional organization for settlement consultants.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Others

• National Structured Settlements Trade Association (NSSTA): The trade association for structured settlement professionals; Rosa Florentino founded its Women's Caucus and multiple Quest team members hold leadership positions. NSSTA's member firms collectively represent the broader competitive set Quest operates within, and the association shapes certification and industry standards.
• American Association of Settlement Consultants (AASC): National professional organization of which Quest's Louis Masry serves as President. AASC membership includes many of Quest's most direct peer firms across the U.S., and its designation programs (CSSC) shape consultant qualifications that drive plaintiff attorney referrals.

Direct peers

• Economic Settlement Solutions: A specialized structured settlement and economic loss consulting firm serving plaintiff attorneys in personal injury and wrongful death cases. Comparable to Quest in service breadth (structured settlements plus economic damage analysis) and customer focus (plaintiff firms).
• Structured Financial Associates: A mid-sized structured settlement consulting firm that places annuities for plaintiff attorneys and injured claimants. Directly comparable service model and target customer base to Quest Settlements, with similar focus on personal injury and workers' compensation case types.
• Sage Settlement Consulting: A California-based structured settlement consulting firm that specializes in personal injury, workers' compensation, and wrongful death settlements. Directly comparable to Quest Settlements in services offered, customer base (plaintiff attorneys and claimants), and California market focus; former employer of Quest's Veronica Goucher.

Broad incumbents

• New York Life Insurance Company: One of the largest providers of structured settlement annuities in the U.S. and a carrier that Quest and other settlement consulting firms regularly use to place structured settlements. Operates as an indirect upstream counterparty rather than a direct competitor, but its pricing and product terms shape Quest's economics.
• Ringler Associates: The largest structured settlement consulting firm in the United States, with a national network of consultants placing annuities for plaintiff attorneys and claimants across all 50 states. Directly comparable business model to Quest Settlements but with significantly greater scale, broader geographic coverage, and longer carrier relationships.
• Prudential Financial: A major structured settlement annuity carrier; Louis Masry was previously a Vice-President at Prudential Securities before founding his settlement consulting career. Functions as an upstream product provider and shapes commission economics for settlement consultants including Quest.
• Pacific Life Insurance Company: Provides the Index-Linked Annuity Payment Adjustment (ILAPA) rider used by Quest Settlements for market-linked structured settlements. Jill Laird was part of Pacific Life's structured settlement product development team before joining Quest, indicating deep operating overlap and a strategic partnership.
• Berkshire Hathaway Specialty Insurance: Provides structured settlement annuity products used by Quest Settlements and other consultants; Berkshire Hathaway is the largest structured settlement annuity provider in the U.S. and is explicitly featured on Quest's homepage as a partner. Functions as both a product supplier and an indirect competitor at the carrier level.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/QSettlements
• Facebookfacebook.com/questsettlementsSD
• Instagraminstagram.com/questsettlements
• LinkedInlinkedin.com/company/quest-settlements

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Quest Settlements