‘Only a handful’ of carriers interested in SPAC D&O risks: Amwins
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

‘Only a handful’ of carriers interested in SPAC D&O risks: Amwins

wooden hammer on dollar. close up

Buying D&O insurance for special purpose acquisition companies (SPACs) has become difficult, even by the exacting standards of the current hard market for executive liability market risks, Amwins noted in a report this week.

The wholesale broker said that “only a handful” of insurers have an appetite for SPAC D&O accounts, following a tripling of lawsuits against blank check company directors in the past year.

Some

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article