The increase in initial public offerings and special purpose acquisition companies, along with SPAC-related security lawsuits, has sparked underwriting concerns that could impact new and renewal business terms and conditions for these companies. (Credit: rawpixel.com/Adobe Stock)
Coming down from the peak of a hard market for most of the year, we are now seeing a significant shift in directors and officers (D&O) insurance market conditions with broader terms, better pricing and greater capacity. According to the latest Willis Towers Watson (WTW) D&O insurance market survey report, we can expect these favorable market conditions to continue through the end of this year and into 2023.
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