Kenmare Assignment Company Ltd. (KACL), is an independent assignment company formed for the purpose of accepting periodic payment obligations. Examples of periodic payment obligations, include structured contingent attorney fees, structured sale transactions, like kind exchange (§1031) fallback transactions, professional athlete endorsements, employment litigation settlements and other tort settlements not involving personal physical injury, workers compensation or wrongful death..
Read more information about Non Qualified Assignments
Link to Security page from Kenmare Assignment Company, Ltd. website which describes some of the financial protections for those who choose to utilize Kenmare as a non qualified assignment facility.
Update In April 2019, Independent Life Insurance Company , a Fort Worth Texas based structured settlement annuity only life insurance company that began operations in early 2018 , announced that it would begin funding structured settlement annuities used to fund non qualified assignment obligations, though Kenmare Assignment Company, Ltd. and Structured Assignments, Inc.