Why D&O Insurance Premiums Have Dropped Since 2021

In this episode of The SPAC Podcast, Machua Millett, Chief Innovation Officer at Lockton Companies, explains how the Directors & Officers (D&O) insurance landscape for SPACs and de-SPACs has evolved since the 2021 boom.Following a surge in SPAC IPOs, deal volume, and resulting litigation, insurance premiums spiked sharply in 2021. At their peak, SPAC-related policies were among the most expensive in the public company space. But according to Machua, that environment has shifted dramatically. Premiums and deductibles have dropped by as much as 60–70%, and coverage terms have improved making this a more favorable market for sponsors, targets, and their boards.For anyone managing risk during a SPAC IPO or de-SPAC transaction, this clip offers a timely and practical snapshot of current conditions in the D&O market.Connect with the Guest:Machua Millett – Chief Innovation Officer, Lockton CompaniesLinkedIn: https://www.linkedin.com/in/machuamillett/View all of their episodes here:https://www.thespacpodcast.com/guests/machua-millett/Connect with the Hosts & The SPAC Podcast:Michael Blankenship LinkedIn:https://www.linkedin.com/in/mikeblankenship/Joshua Wilson LinkedIn:https://www.linkedin.com/in/joshuabrucewilson/YouTube Channel:https://www.youtube.com/@ThespacpodcastContact The SPAC Podcast:https://www.thespacpodcast.com/contact/#SPACs #CapitalMarkets #SPACPodcast #DandOInsurance #RiskManagement #DeSPAC #InsuranceTrendsThe views, opinions, and statements expressed by the guest are solely their own and do not necessarily reflect the views of The SPAC Podcast, its hosts, or affiliated organizations. This content is for informational purposes only and should not be construed as investment, legal, tax, or accounting advice.Disclaimer: Michael J. Blankenship is a licensed attorney and partner at Winston Taylor. Joshua Wilson is a licensed Florida real estate broker and holds FINRA Series 79 and Series 63 licensure. The content of this podcast is for informational and educational purposes only and should not be considered legal, financial, or compliance advice. All views and opinions expressed by the hosts and guests are their own and do not necessarily reflect the policies or positions of any regulatory agency, law firm, organization, or employer. Listeners should consult their own legal counsel, compliance teams, or financial advisors to ensure adherence to applicable regulations, including SEC, FINRA, and other industry-specific requirements. This podcast does not constitute a solicitation or recommendation for any financial products or services.Let's Connect on LinkedIn: https://www.linkedin.com/in/mikeblankenship/ https://www.linkedin.com/in/joshuabrucewilson/ To Contact Us, Please Visit: https://www.TheSPACPodcast.com/contact/