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

Bernard Goyder
June 29, 2021
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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

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Bernard Goyder
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