Located in Boca Raton, Florida, Imperial Structured Settlements began offering its services to the public in May 2007 as Washington Square Financial, LLC. The company’s name was changed to Imperial in September 2008.
Imperial Structured Settlements purchases annuity payment rights from legal settlements and insurance claims as well as “certain annuities.” The kinds of structured settlements they are seeking for purchase include those resulting from the following types of litigation:
- personal injury
- medical malpractice
- wrongful death
- product liability
Imperial’s CEO is Antony Mitchell, who has been in this position with the company since it was founded in 2007. Prior to this, he served in the same capacity at Peachtree Settlement Funding, where he dealt with structured settlement originations and the purchase of commercial mortgages and real estate portfolios.
One of the points made on the company website is quite compelling; Imperial points out an important fact to prospective clients as to how the inflation built in to our economic system steadily erodes the value of structured payments over time, which is why it may be to a beneficiary’s benefit to turn such payments into cash for settlement payments today.