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) 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.

The following are five key takeaways from the WTW report that can help you better understand the outlook of the D&O liability insurance market and the impact it could have on your business.

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